Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (2) TMI 103 - HC - Income TaxMonetary limit for filing an appeal - Pending appeals - Circular laying down monetary limit controls the filing of the appeals and not their hearing - Appeals filed as per applicable limit at the time of filing cannot be governed by circular applicable at the time of hearing - The object of circular under section 268A as already mentioned is only to govern monetary limit for filing of the appeals - There is no scope for reading the circular as being applicable to pending appeals -Held that: The said memorandum was purportedly issued on a direction of the High Court and was applicable only to cases pending in Bombay High Court. The same cannot be read to mean that in all High Courts, all pending appeals were to be examined in the light of monetary limit applicable on the date of hearing and not on the date of filing. - monetary limit laid down vide circular dated 15.5.2008 will apply only to filing of appeals. Appeals already filed and pending prior thereto will be governed by monetary limit laid down at the time of filing.
|