Filing of Appeal by Income-Tax Authority - Section 268A - Income Tax - Ready Reckoner - Income Tax

Filing of Appeal by Income-Tax Authority - Section 268A (1) The Board may, from time to time, issue orders, instructions or directions to other income-tax authorities, fixing such monetary limits as it may deem fit, for the purpose of regulating filing of appeal or application for reference by any income-tax authority under the provisions of this Chapter. (2) Where, an income-tax authority has not filed any appeal or application for reference on any issue in the case of an assessee for any assessment year, due to abovementioned order/instruction/direction of the Board, such authority shall not preclude such authority from filing an appeal or application for reference on the same issue in the case of - the same assessee for any other assessment year; or any other assessee for the same or any other assessment year. (3) Where no appeal or application for reference has been filed by an income-tax authority pursuant to the above mentioned orders or instructions or directions, it shall not be lawful for an assessee, being a party in any appeal or reference, to contend that the income-tax authority has acquiesced in the decision on the disputed issue by not filing an appeal or application for reference in any case. (4) The Appellate Tribunal or Court, hearing such appeal or reference, shall have regard to the above mentioned orders, instructions or directions issued and the circumstances under which such appeal or application for reference was filed or not filed in respect of any case. (5) Every order, instruction or direction which has been issued by the Board fixing monetary limits for filing an appeal or application for reference shall be deemed to have been issued under sub-section (1) and the provisions of sub-sections (2), (3) and (4) shall apply accordingly. Note:- For the monetary limits refer the following chapter Monetary Limits for Filing appeals by the Department [ From 11.07.2024 to 15.03.2024] Monetary Limits for Filing appeals by the Department [ From 15.03.2024]