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2019 (8) TMI 1753 - ITAT MUMBAIMaintainability of appeal - low tax effect - Addition u/s 68 - bogus loan arranged through a proven shell company controlled and operated by an entry provider - HELD THAT:- Vide the Circular 17 of 2019 dated 08.08.2019 CBDT has enhanced the monetary limit for filing appeals before the ITAT from the existing limit of ₹ 20 lacs to ₹ 50 lacs. Since, the tax effect in the present appeal is less than ₹ 50 lacs, this appeal is not maintainable. Hence, we dismiss the appeal filed by the Revenue as not maintainable/withdrawn. In the result, appeal filed by the revenue for assessment year 2008-2009 is dismissed.
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