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of <h1>New Procedure for Tax Appeals: Section 158AB Delays Appeals on Identical Legal Questions Until Higher Court Decisions</h1> Section 158AB of the Income-tax Act, introduced by the Finance Act, 2022, outlines the procedure for handling cases where an identical question of law is pending before the High Courts or Supreme Court. If a collegium determines that a legal question in a taxpayer's case is identical to one pending in another case, it may advise against filing an appeal until the question is resolved. The Principal Commissioner or Commissioner will then instruct the Assessing Officer to file an application for appeal only after the final decision in the other case. Appeals must be filed within specified timeframes if the final decision differs from the initial order.
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