9911796707
TMI Blog2025 (2) TMI 1180X X X X Extracts X X X X X X X X Extracts X X X X ..... audhari, Advocate along with Mr. Vijay Chawla, Advocate. For the Respondent : None. ORDER SANJAY K. AGRAWAL, J 1. When case is taken for hearing and learned counsel for the appellant would submit that the Government of India, Ministry of Finance has issued a new circular dated 17.09.2024, in which monetary limits for filing Income Tax Appeals by the department before the High Court has been e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and 3.2 of the said Circular. 2. As a step towards management of litigation, it has been decided by the Board to revise the monetary limits for filing of appeals in Income-tax cases as stated in Para 4.1 of the aforementioned Circular as follows:- S. No. Appeals/SLPs in Income-tax Matters Monetary Limit (Tax effect in Rs. ) 1. Before Income Tax Appellate Tribunal 60 Lakh 2. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... viding certainty to taxpayers on their Income-tax assessments while taking a decision regarding filing an appeal. 5. The modifications shall come into effect from the date of issue of this Circular. This Circular will apply to SLPs/appeals to be filed henceforth in SC/HCs/Tribunal. It shall also apply to the SLPs/ appeals pending before Supreme Court/High Courts/Tribunal, which may accordingly b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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