Monetary limit for appeals clarified as revenue effect, covering tax, interest, penalties and other sums, guiding appeal filings. The instruction clarifies that 'monetary limit' and 'tax effect' are to be read as 'revenue effect', meaning the amount of tax, interest, penalty, fine or any other sum involved; this clarificatory reading promotes uniformity in departmental appeal filing and extends to litigation under other direct taxes.
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Monetary limit for appeals clarified as revenue effect, covering tax, interest, penalties and other sums, guiding appeal filings.
The instruction clarifies that "monetary limit" and "tax effect" are to be read as "revenue effect", meaning the amount of tax, interest, penalty, fine or any other sum involved; this clarificatory reading promotes uniformity in departmental appeal filing and extends to litigation under other direct taxes.
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