Revision of monetary limits for departmental appeals - CBDT

INCOME TAX APPELLATE TRIBUNAL BAR ASSOCIATION, NEW DELHI

10^TH FLOOR ITAT PREMISES, LOK NAYAK BHAWAN, KHAN MARKET, NEW DELHI-110003

TEL: 24628213 /24647347/ 43528310/ M: 9810870279

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President Ajay Wadhwa 9818653331 Vice President R. S. Ahuja 9810028009 Gen Secretary Ranjan Chopra 9810047393 Secretary Dr. G. S. Grewal 9811242856 Treasurer R. Sabharwal 9312236105 E.C. Members K. Sampath (Past President) T.R.Talwar R.A. Bansal A. K. Srivasatava M. S. Sekhon Manu Monga P.C. Yadav S. M. Mathur Salil Kapoor Salil Aggarwal Aseem Chawla Sushil K Verma Karan Khanna Manoj Kumar

11th December 2015 Dear Members, The Hon’ble CBDT has issued a path breaking Circular No 21/2015 dated 10.12.2015, for revision of monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal, Hon’ble High Court and SLP before Hon’ble Supreme Court. The Circular issued by Hon’ble CBDT is a measure for reducing litigation. The new monetary limits for filing of Appeals by the Departments are as under: S.No Appeals in Income Tax matters Monetary Limits (in Rs.) 1 Before Appellate Tribunal 10,00,000/- 2 Before High Court 20,00,000/- 3 Before Supreme Court 25,00,000/- Copy of Circular is attached for your information. Kind Regards, Ranjan Chopra General Secretary