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Income Tax deptt

Tax relief! Centre hikes threshold limit for Income Tax deptt appeals in tribunals/courts

Tax relief! Centre hikes threshold limit for Income Tax deptt appeals in tribunals/courts

Thu, Jul 12, 2018

 The tax department will file appeals in ITAT/CESTAT if the tax amount involved is Rs 20 lakh or more, up from Rs 10 lakh at present. Appeals would be filed in High Courts if the tax amount involved in litigation is Rs 50 lakh, up from Rs 20 lakh at present.

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