CBDT : Further enhances monetary limits for filing Departmental appeals before ITAT / Courts

Aug 08,2019

CBDT further enhances monetary limits for filing Departmental appeals before Tribunal and Courts as a step towards management of litigation; Sets limits at Rs 50 lakhs, Rs 1 cr and Rs 2 cr (as against earlier limits of Rs 20 lacs, Rs 50 lacs & Rs 1 cr) for filing appeals before ITAT, HC and SC respectively; Further states that where the disputed issue arises in multiple years in case of an assessee, AO should calculate tax effect year-wise and appeal should be...


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