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2016 (2) TMI 917 - AT - Income TaxMaintainability of appeal - monetary limit - Held that:- As the CBDT has revised the monetary limits to file appeal vide its Instruction No.21/2015 dated 10.12.2015, the new monetary limit to file an appeal to ITAT is ₹ 10 Lakhs. In the aforementioned case, the tax effect is below the prescribed limit. Hence, it is requested to withdraw the appeal on the basis of tax limit, however, the order of CIT(A) is not accepted on merit. In view of the circular of the board mentioned in the above application, we dismiss the appeal filed by the Revenue, being not maintainable.
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