The Chhattisgarh High court has held that the monetary limits for filing income tax appeals by the department before the high court have been enhanced to Rs. 2 Crores.

The bench of Justice Sanjay K. Agrawal and Justice Deepak Kumar Tiwari have observed that the tax liability of assessees is less than Rs.2 Crore. Therefore, in light of the circular dated 17/09/2024, the appeal filed by the Income Tax may be disposed of finally.

The appellant, Income Tax Department submitted that the Government of India, Ministry of Finance has issued a new circular dated 17.09.2024, in which monetary limits for filing Income Tax Appeals by the department before the High Court has been enhanced to Rs.2 Crores, whereas the tax liability of assess is less than Rs.2 Crore. Therefore, in light of the circular, the present appeal may be disposed of finally.

As per the circular dated 17/09/2024 issued by the Central Board of Direct Taxes (CBDT) the monetary limit to file the appeal before Income Tax Appellate Tribunal was increased to Rs. 60 Lakhs; before High Court it was Rs. 2 Crores and before Supreme Court it was 5 Crores.

The court held that the monetary limit (tax liability) is less than Rs.2 Crores therefore, in light of a circular dated 17/09/2024, the Tax Case stands disposed of.

Case Details

Case Title: Income Tax Officer Versus Ajay Kumar

Case No.: TAXC No. 23 of 2025

Date: 01.05.2025 

Counsel For Appellant: Ajay Kumrani

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