CBDT Expands Scope Of Appeal Filing By Dept. Before ITAT, High Court And Supreme Court, Retains Monetary Limits

The Central Board of Direct Taxes (CBDT) has issued a circular under section 268A of the Income-tax Act, 1961 for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and SLPs/appeals before Supreme Court as a measure for reducing litigation.

The board has retained the monetary limits at Rs.50 lakhs, Rs.1 Crore and Rs.2 Crores for filing appeals before ITAT, High Court and Supreme Court respectively.

The monetary limits with regard to filing appeal/SLP shall be applicable to all cases including those relating to TDS/TCS under the Act with the exceptions where the decision to appeal/file SLP shall be taken on merits, without regard to the tax effect and the monetary limits.

The board has expanded the scope of appeal filing by department including the cases related to TDS, international tax, information received from other government agencies, penny stock, and accommodation entries.

Circular No. 5/2024

Click Here To Read The Circular