Despite monetary cap of Rs 2 mn, taxmen can still file appeal in all cases

Despite the raised monetary limit for filing tax appeals in place, taxmen, according to a report, still have the option to pursue any case

Those involved in a tax dispute may not get a reprieve after the government's decision to raise the monetary threshold to make an appeal in such cases. According to a report, the Income Tax department can still file an appeal in a tax dispute case based on merit, irrespective of the amount in contention.

The government on 11 July increased the monetary threshold for filing appeals in such disputes in courts to cut down litigation and improve the ease of doing business. The fresh move might dilute the attempt to put a cap on appeals based on the threshold.

The Central Board