Monetary limit for second appeals tightened to bar departmental appeals on low tax-effect entertainment and factual issues. The Board refines monetary thresholds for filing departmental second appeals: appeals on questions of fact need not be filed where the tax effect or penalty reduction is at or below specified low thresholds for income-tax and other direct taxes; representative High Court references on points of law should continue but repetitive tribunal appeals on the same legal issue may be withheld where individual tax effect is nominal. Specifically, in relation to entertainment expenses, no second appeal should be filed where the tax effect does not exceed the revised lower limit, subject to High Court decisions already favourable to the department.
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Provisions expressly mentioned in the judgment/order text.
Monetary limit for second appeals tightened to bar departmental appeals on low tax-effect entertainment and factual issues.
The Board refines monetary thresholds for filing departmental second appeals: appeals on questions of fact need not be filed where the tax effect or penalty reduction is at or below specified low thresholds for income-tax and other direct taxes; representative High Court references on points of law should continue but repetitive tribunal appeals on the same legal issue may be withheld where individual tax effect is nominal. Specifically, in relation to entertainment expenses, no second appeal should be filed where the tax effect does not exceed the revised lower limit, subject to High Court decisions already favourable to the department.
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