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of <h1>Monetary limits for tax references and appeals raised: High Court to Rs. 30,000, Supreme Court to Rs. 60,000.</h1> The monetary limits for filing references and appeals in tax matters have been revised. Previously, the limit for referring cases to the High Court was Rs. 10,000, and for appeals to the Supreme Court, it was Rs. 30,000. These limits have now been increased to Rs. 30,000 for references to the High Court and Rs. 60,000 for appeals to the Supreme Court. This change reflects a reconsideration by the board to update the monetary thresholds for legal proceedings in these courts.
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