Board authority to fix monetary limits for tax appeals; non-filing does not constitute acquiescence and tribunals must consider circumstances. The Board may issue orders prescribing monetary limits to regulate filing of appeals or applications for reference by income-tax authorities. Non-filing under those limits does not preclude later filing in other years or against other taxpayers, is not to be treated as the authority's acquiescence, and appellate bodies must have regard to those orders and the circumstances of filing or non-filing. Existing monetary-limit orders are deemed issued under this power.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Board authority to fix monetary limits for tax appeals; non-filing does not constitute acquiescence and tribunals must consider circumstances.
The Board may issue orders prescribing monetary limits to regulate filing of appeals or applications for reference by income-tax authorities. Non-filing under those limits does not preclude later filing in other years or against other taxpayers, is not to be treated as the authority's acquiescence, and appellate bodies must have regard to those orders and the circumstances of filing or non-filing. Existing monetary-limit orders are deemed issued under this power.
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