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Income Tax - Highlights / Catch Notes

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The monetary limit of ₹ 10 lakhs for filing appeals before ...


Monetary Limit of Rs. 10 Lakhs for ITAT Appeals Applies to Cross Objections u/s 253(4) of the Act.

March 9, 2016

Circulars     Income Tax

The monetary limit of ₹ 10 lakhs for filing appeals before the ITAT would apply equally to cross objections under section 253(4) of the Act. Cross objections below this monetary limit, already filed, should be pursued for dismissal as withdrawn/not pressed.

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