Tax Appeals Under Rs. 20 Lakhs: Retrospective Policy Applies to Pending References, Per Circular Dated December 10, 2015.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The policy of non filing and of not pressing and/or withdrawing admitted appeals having tax effect of less than ₹ 20 lacs has been specifically declared to be retrospective by the Circular dated 10th December, 2015. There is no reason why the circular should not apply to pending References - HC....