Monetary Limits for Filing of Income Tax Appeals by Department: SC dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]

By Aparna. M - On February 19, 2024 10:41 am - 2 mins read

Supreme Court - SC - Income Tax Appeals - Revenue Appeal - Monetary Limits Income Tax Appeals - Taxscan

In a recent case, the Supreme Court while observing the monetary limits for filing of income tax appeals by the department dismissed the revenue appeal with respect to the low tax effect. The aforesaid appeal was filed by the revenue related to the case with Jagson International LtD. Senior Counsel Mr. Arijit Prasad appearing for…

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