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Income Tax - Highlights / Catch Notes

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Monetary limit for filing an appeal - ‘Tax effect’ less than the ...


Supreme Court Rules CBDT Cannot Retroactively Change Monetary Limits for Tax Appeals Below Prescribed Threshold.

October 31, 2017

Case Laws     Income Tax     SC

Monetary limit for filing an appeal - ‘Tax effect’ less than the prescribed limit - CBDT has no power of issue any instruction with retrospective effect - SC

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