Case LawsIncome Tax
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Monetary limits for appeals reshape Revenue litigation strategy, reducing low stake appeals and encouraging selective prosecution.
The court treated CBDT instructions on monetary limits as possessing binding effect within the statutory appeals framework, harmonising the right to appeal with monetary limit provisions and applying policy considerations from the National Litigation Policy to limit low stake Revenue appeals; this approach affects Revenue litigation strategy, judicial resource allocation, taxpayer relief, and invites possible legislative clarification regarding retrospective or prospective application.