CBDT : Revised monetary limits for ITAT & HC appeals also apply to cross-objections

Mar 08,2016

CBDT issues clarification on applicability of CBDT circular no. 21/2015 revising monetary appeal-filing limits; States that revised monetary limit of Rs 10 lakhs for filing appeals before ITAT would equally apply to cross objections filed by Department before ITAT u/s 253(4) of the Act;  Similarly, revised monetary limit of Rs 20 lakhs  for filing appeals before HC would apply to references filed before HC; CBDT directs that cross objections / references already filed below the mone...

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