Income-tax Department can also file an appeal before the Income Tax Appellate Tribunal, High Court and Supreme Court only in those cases where the tax affected in appeal is exceeding certain mandatory limit. An appeal by
CS Executive · Tax Laws · PYQS · December 2020
Income-tax Department can also file an appeal before the Income Tax Appellate Tribunal, High Court and Supreme Court only in those cases where the tax affected in appeal is exceeding certain mandatory limit. An appeal by the Income Tax Department before the High Court can only be filed where the tax effect of appeal exceeds the amount of
Answer & Explanation:
The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: All the options are incorrect. The correct answer is ₹ 1 Crore as per circular no. 17/2019 with respect to filing an appeal by the department before High Court, the tax affected in appeal must be exceeding ₹ 1 Crore.
Topics: Appeals and Revisions
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