Revision of Monetary Limits for filing of Cross Objections: CBDT Clarification

CBDT Clarification on Circular 21/2015 dt. 10 Dec. 2015 reg. Revision of Monetary Limits for filing of Cross Objections before the ITAT and References to the High Courts

With reference to the captioned subject the CBDT vide letter dt. 8th March 2016 has clarified as under:

The monetary limits for filing appeals before the Income Tax Appellate Tribunals and High Courts were raised to Rs.10 lakhs and Rs.20 lakhs respectively by Circular 21 of 2015 dated 10.12.2015. Queries have been received regarding the applicability of Circular 21 of 2015 to cross objections filed by the Department before the ITAT under Section 253(4) of the Income-tax Act and to references to the High Court under sections 256(1) and 256(2) of the Act.

2. The matter was examined in the CBDT and it is clarified that the monetary limit of Rs.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 Cross objections below this monetary limit, already filed, should be pursued for dismissal as withdrawn/not pressed. Filing of cross objections below the monetary limit may not be considered henceforth.

3. Similarly, references to High Courts below the monetary limit of Rs.20 lakhs should be pursued for dismissal as withdrawn/not pressed. References below this limit may not be considered henceforth.

CBDT Clarification on Circular 21/2015 dt 8th March 2016

CBDT Circular No. 21/2015 dt. 10 Dec 2015

Revision of monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal and High Courts and SLP before Supreme Court – Measures for reducing litigation

Leave a Reply

five × 4 =