Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Supreme Court Clarifies CBDT Instruction No. 3/2011: Revised Monetary Limits Not Retroactive for Pre-February 9, 2011 Appeals.</h1> The circular addresses the applicability of CBDT Instruction No. 3/2011, which revised monetary limits for filing appeals by the Income Tax Authority. It clarifies that these revised limits do not automatically apply to appeals filed before February 9, 2011. The Delhi High Court had dismissed several appeals based on the new monetary limits, prompting a Special Leave Petition (SLP) in the Supreme Court. The Supreme Court directed that review petitions be filed in the High Court, emphasizing that the revised limits should not be applied to earlier appeals. The Board instructs immediate action for filing review petitions in relevant cases.