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CBDT Increases Monetary Limit for Court Appeal by Income Tax (I -T) Department - (14 Dec 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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