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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Liberty is given to the Department to move the High Court ...


High Court to Review 2011 Circular on Monetary Appeal Limits for Cases with Cascading Effects.

September 20, 2012

Case Laws     Income Tax     SC

Liberty is given to the Department to move the High Court pointing out that the Circular dated 9th February, 2011 (regarding monetary limit of appeals by the Department), should not be applied ipso facto, particularly, when the matter has a cascading effect. - SC

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