Government increases the threshold monetary limits for filing Departmental Appeals

In order to reduce the long pending grievances of taxpayers and to minimise litigation pertaining to tax matters and to facilitate the Ease of Doing Business, Government of India has decided to increase the threshold monetary limits for filing Departmental Appeals at various levels, be it Appellate Tribunals, High Courts and the Supreme Court in the following manner :-

Sl. No. Appeal Fora Present limit for filing appeal

(In Rs.)

Enhanced limit

(In Rs.)

1. ITAT / CESTAT 10 lakhs 20 lakhs
2. High Courts 20 lakhs 50 lakhs
3. Supreme Court 25 lakhs 1 Crore

Read more at: http://www.pib.nic.in/PressReleseDetail.aspx?PRID=1538352

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.
CLOSE
CLOSE