KSR & Co Company Secretaries LLP

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REVISED MONETARY LIMITS FOR INCOME TAX DEPARTMENT (ITD) APPEALS

To encourage merit based litigations on Income Tax matters only, CBDT vide Circular  No. 21/2015 dated 10/12/2015 revised the present Monetary Limits (vide Instruction No. 5/2014 dated 10/07/2014) for filing ITD appeals before ITAT, High Court and SLP before Supreme Court. Revised Monetary Limits (ML) apply retrospectively to pending appeals and appeals filed henceforth in High Courts/Tribunals:

                                                                                                  ………….. Read more