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Friday, 11 July 2014

CBDT Instruction No 5/2014 dated 10.07.2014

Dear Members,

 

The Hon'ble CBDT has issued Instruction No 5/2014 dated 10.07.2014, by which the monetary limits for filing appeals to ITAT / HIGH COURT / SUPREME COURT have been revised.

 

The New limits are:                                  Tax effect

Appeal before ITAT                                Rs.  4,00,000/-

High Court                                               Rs. 10,00,000/-

Supreme Court                                        Rs. 25,00,000/-

 

Copy of Instruction is attached for your information.