Monetary threshold raised for judicial escalation, altering when cases qualify for higher court reference and appeal. The Board revised monetary limits governing judicial escalation in income-tax matters: the threshold for reference to the High Court is raised to Rs.30,000 and the threshold for appeal to the Supreme Court is raised to Rs.60,000, superseding the earlier lower limits and guiding when departmental cases qualify for High Court reference and Supreme Court appeal.
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Provisions expressly mentioned in the judgment/order text.
Monetary threshold raised for judicial escalation, altering when cases qualify for higher court reference and appeal.
The Board revised monetary limits governing judicial escalation in income-tax matters: the threshold for reference to the High Court is raised to Rs.30,000 and the threshold for appeal to the Supreme Court is raised to Rs.60,000, superseding the earlier lower limits and guiding when departmental cases qualify for High Court reference and Supreme Court appeal.
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