Exception to monetary limits for filing appeals permits filing on merits in identified organised tax evasion cases by special order. Notwithstanding any circular prescribing monetary limits for departmental appeals, the Board will permit filing of appeals on merits as an exception where it issues a special order directing appeal in cases involving organised tax evasion activity involving bogus capital gains/loss schemes on penny stocks.
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.
Exception to monetary limits for filing appeals permits filing on merits in identified organised tax evasion cases by special order.
Notwithstanding any circular prescribing monetary limits for departmental appeals, the Board will permit filing of appeals on merits as an exception where it issues a special order directing appeal in cases involving organised tax evasion activity involving bogus capital gains/loss schemes on penny stocks.
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