https://www.taxtmi.com/article/detailed?id=12494 The Board's circular preserves existing monetary thresholds for departmental appeals while expressly including TDS/TCS disputes. Appeals should be filed on merits rather than mechanically when tax effect exceeds thresholds. Specified exceptions require appeals irrespective of monetary limits, including constitutional invalidity, law enforcement originated assessments, prosecution, adverse comments against revenue, undisclosed foreign income/assets, organized evasion, writ matters and non Income Tax Act issues. Tax effect is defined to include surcharge and cess and is to be determined per assessment year with special computation rules where alternate tax provisions apply; composite orders and TDS/TCS cumulative effects are separately addressed. Departments must record and disclose when appeals are deferred solely on monetary limit grounds. en-us Thu, 04 Apr 2024 08:25:23 +0530 Thu, 04 Apr 2024 08:25:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12494 The Board's circular preserves existing monetary thresholds for departmental appeals while expressly including TDS/TCS disputes. Appeals should be filed on merits rather than mechanically when tax effect exceeds thresholds. Specified exceptions require appeals irrespective of monetary limits, including constitutional invalidity, law enforcement originated assessments, prosecution, adverse comments against revenue, undisclosed foreign income/assets, organized evasion, writ matters and non Income Tax Act issues. Tax effect is defined to include surcharge and cess and is to be determined per assessment year with special computation rules where alternate tax provisions apply; composite orders and TDS/TCS cumulative effects are separately addressed. Departments must record and disclose when appeals are deferred solely on monetary limit grounds. Articles Income Tax Thu, 04 Apr 2024 08:25:23 +0530 https://www.taxtmi.com/article/detailed?id=12494