Tax Departments Withdraw 6,599 Appeals After Revised Monetary Limits

Unknown Apr 02, 2026 550 Views

India's tax department has withdrawn 6,599 appeals before tribunals, High Courts, and the Supreme Court, following an increase in the monetary thresholds for filing cases. The Central Board of Direct Taxes (CBDT) raised the thresholds to ₹60 lakh for ITAT, ₹2 crore for High Courts, and ₹5 cro...

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