CBDT Instruction 5/2014 : No Appeal to Tribunal if Tax Affect is Below Rs 4 Lakh

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Here is the new CBDT instruction no 5/2014 to  tackle the the menace of huge number of pending tax cases in ITAT, High Courts and Supreme Court . This jamming of various courts with frivolous appeal from revenue department caught everyone’s attention as the courts started imposing costs on the income tax department and in some case personally on the officer.Please read Sahara Case Fallout : What CIT & CCIT Rank Officials Should Be Beware of .

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