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    <title>Monetary limit in case of reference.</title>
    <link>https://www.taxtmi.com/circulars?id=9368</link>
    <description>The Board directs that the standard deduction under section 16(1) be allowed to pensioners from assessment year 1981-82; in consequence, existing practice on filing references is adjusted. A High Court decision showing divergent views has been referred to the Chief Justice. Departments should contest pending appeals, circulate the judgment to AACs, CIT(Appeals) and senior D.R.s, and dispose of appeals previously kept blocked. Fresh references against adverse Tribunal orders need not be filed except where the tax effect exceeds the Board&#039;s specified monetary threshold.</description>
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    <pubDate>Thu, 25 Sep 1980 00:00:00 +0530</pubDate>
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      <title>Monetary limit in case of reference.</title>
      <link>https://www.taxtmi.com/circulars?id=9368</link>
      <description>The Board directs that the standard deduction under section 16(1) be allowed to pensioners from assessment year 1981-82; in consequence, existing practice on filing references is adjusted. A High Court decision showing divergent views has been referred to the Chief Justice. Departments should contest pending appeals, circulate the judgment to AACs, CIT(Appeals) and senior D.R.s, and dispose of appeals previously kept blocked. Fresh references against adverse Tribunal orders need not be filed except where the tax effect exceeds the Board&#039;s specified monetary threshold.</description>
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      <pubDate>Thu, 25 Sep 1980 00:00:00 +0530</pubDate>
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