Monetary Limits for filing Income Tax appeals before Appellate Tribunal, High Court and Supreme Court is revised

The Central Board of Direct Taxes has revised the monetary limits of filing the appeals before   appellate tribunal, high court and Supreme Court. Henceforth, appeals shall not be filed in cases where the “tax effect” does not exceed the monetary limits given hereunder… Sr. No. Appellate Authority Monetary Limit (Rs.) 1 Appellate Tribunal 4 Lakh … Read more