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<h1>New Income Tax Appeal Limits: Tribunal 60L, High Courts 2Cr, Supreme Court 5Cr, Effective March 15, 2024</h1> The monetary limits for filing appeals by the Income Tax Department effective from March 15, 2024. It specifies that appeals should not be filed if the tax effect is below certain thresholds: 60,00,000 for the Income Tax Appellate Tribunal, 2,00,00,000 for High Courts, and 5,00,00,000 for the Supreme Court. Exceptions to these limits include cases involving constitutional issues, certain legal challenges, undisclosed foreign assets, organized tax evasion, and others. The document also clarifies the calculation of tax effect and conditions under which appeals can be filed despite monetary limits.