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TMI BlogMonetary limits for filing of appeals by Income Tax Department further enhanced by CBDTX X X X Extracts X X X X X X X X Extracts X X X X ..... Monetary limits for filing of appeals by Income Tax Department further enhanced by CBDT X X X X Extracts X X X X X X X X Extracts X X X X ..... ax Department before various appellate fora. The CBDT is aware of the importance of litigation management and has been continuously working towards achieving the same. To effectively reduce taxpayer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... grievances/litigation and help the Department focus on litigation involving complex legal issues and high tax effect, the monetary limits for filing of appeals by the Department were last revised on 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1th July,2018 vide CBDT Circular No.3 of 2018. As a step towards further management of litigation by the Government, the monetary limits for filing Departmental appeals before various appellate fora i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncluding ITAT, High Court & Supreme Court have been revised as under: Appellate Forum Existing Monetary Limit(Rs.) Revised Monetary Limit(Rs.) Before Income Tax Appellate Tribunal 20,00,000 50,0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0,000 Before High Court 50,00,000 1,00,00,000 Before Supreme Court 1,00,00,000 2,00,00,000 This will further reduce time, effort and resources presently deployed in litigation to focus on issu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es involving litigation of substantial value. X X X X Extracts X X X X X X X X Extracts X X X X
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