Centre asks tax dept to drop tax appeals below new thresholds in 3 months
The government had in budget 2024-25 raised the threshold for filing appeals in tax disputes from ₹50 lakh to ₹60 lakh before the Income Tax Appellate Tribunal, from ₹1 crore to ₹2 crore in the case of high courts and from ₹2 crore to ₹5 crore in the case of Supreme Court.
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