Circular No. 9/2024 — Further revised monetary limits for appeals
Date: 2024-09-17 Status: ACTIVE Category: Appeals & Dispute Resolution Binding on Department: Yes (Section 119 / Section 400 IT Act 2025)
Summary
Latest revision: ITAT Rs.60L, HC Rs.2Cr, SC Rs.5Cr. Key circular for all appeal strategy decisions.
Key Directions
- Revenue not to file appeal where tax effect is below: ITAT Rs.60L, HC Rs.2Cr, SC Rs.5Cr.
- Composite order covering multiple AYs: tax effect computed AY-wise.
- Exceptions: TP cases, constitutional validity, board’s circulars challenged.
- Pending appeals to be withdrawn where tax effect below new limits.
Applicability Under IT Act 2025
Saving Clause: Section 536 of IT Act 2025 saves circulars issued under the 1961 Act “so far as not inconsistent” with the new Act.
| Old Section (1961 Act) | New Section (2025 Act) | Consistent? |
|---|---|---|
| 268A | 353 | Yes |
Cross-References
Act Sections
Related Circulars
- Supersedes: Circular 17/2019
Key Case Law (Circular Supremacy)
- To be populated — cases where this circular was cited/applied
Full Text
Full text to be added — see raw/circulars/ for PDF when available
Source
- Official: incometaxindia.gov.in/circulars