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Tag: threshold limits for filing appeals

Income Tax in Media

Tax dept expands scope for filing of appeals by officials; how this can impact taxpayers

byAdmin01/04/202401/04/2024

CBDT in its recent circular has maintained the threshold limits for filing appeals by the Income-tax (I-T) department with tax tribunals, high courts, and the Supreme Court (SC), stated a Times of India news report. However, the circular has also broadened the list of exceptions, allowing appeals to be filed even for ‘insignificant’ sums…

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