Monetary limits for departmental income tax appeals set thresholds for filing appeals and SLPs based on tax effect.

Monetary limits govern departmental appeals: appeals to the Income Tax Appellate Tribunal require tax effect above Rs. 60,00,000, to the High Court Rs. 2,00,00,000, and to the Supreme Court Rs. 5,00,00,000. "Tax effect" equals the difference between tax (including surcharge and cess) on assessed total income and tax that would have been chargeable after reducing assessed income by disputed issues; interest is excluded except when interest chargeability is disputed. Assessing Officers must calculate tax effect per assessment year; appeals are confined to years where tax effect exceeds the applicable limit.

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