CBDT Increases Monetary Limit for Court Appeal by Income Tax (I -T) Department - 14.12.2015

Central Board of Direct Taxes (CBDT) in order to cut down on frivolous litigation and taxpayers grievances, has issued fresh directions revising monetary threshold for the taxman to appeal at two important legal forums - Income Tax Appellate Tribunal (Rs 10 lakh) and High Courts (Rs 20 lakh).

Tags : Central Board of Direct Taxes Monetary Limit for Court Appeal

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