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<h1>New Income Tax Appeal Limits Set: Rs. 50L for Tribunal, Rs. 1Cr for High Courts, Rs. 2Cr for Supreme Court.</h1> The revised monetary limits for filing income tax appeals by the Department, effective between July 11, 2024, and March 14, 2024. The limits are set at Rs. 50,00,000 for the Appellate Tribunal, Rs. 1,00,00,000 for High Courts, and Rs. 2,00,00,000 for the Supreme Court, as per Circular No. 17/2019. These limits do not apply to writ matters and non-income tax direct tax matters. Exceptions allow appeals in cases of organized tax evasion scams, even if monetary limits are exceeded. The circular applies retrospectively to pending appeals, which may be withdrawn if below the specified limits.