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2019 (8) TMI 1662 - AT - Income TaxMaintainability of appeal - low tax effect - HELD THAT:- As been fairly admitted by the ld. DR that the tax effect in each of the appeals is less then ₹ 50.00 lakh. Recently, the CBDT has issued circular No.17/2019 dated 0808-2019 revising upward the monetary limits for filing of appeals by the Department in Income-tax Cases before various appellate forums. The earlier circular No.03/2018 dated 11-07-2018 fixed monetary limit for filing of appeals by the Revenue before the Tribunal at ₹ 20.00 lakh. Such limit has now been enhanced in the recent Circular dated 08-08-2019 to ₹ 50.00 lakh. Since tax effect in all the appeals under consideration is less than the revised monetary limit of ₹ 50.00 lakh, we are not inclined to entertain such appeals. CBDT vide F.No.279/Misc/M-13/2018-ITJ dated 20-08-2019 has clarified that the revised monetary limits so mentioned in Circular No.17/2019 are applicable to all pending appeals. Not only that, it has further been directed to the competent authorities to withdraw all such appeals on or before 31-10-2019. Thus we dismiss all the appeals filed by the Revenue.
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