TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Revised Monetary Limits for Tax Appeals: Tribunal Rs. 2L, High Courts Rs. 4L, Supreme Court Rs. 10L.</h1> The circular outlines revised monetary limits for filing departmental appeals before the Income-tax Appellate Tribunal, High Courts, and the Supreme Court to reduce litigation. Appeals will be filed only if the tax effect exceeds Rs. 2,00,000 for the Appellate Tribunal, Rs. 4,00,000 for High Courts under section 260A, and Rs. 10,00,000 for the Supreme Court. Exceptions are made for cases involving substantial questions of law or recurring legal issues, which will be considered on their merits. These changes are effective from October 31, 2005, while previous instructions remain applicable where relevant.
TaxTMI 
TaxTMI 
