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2021 (1) TMI 1160 - HC - Income TaxMaintainability of appeal - Monetary limit to make an appeal before High court - HELD THAT:- In view of Circular No.17/2019 F.No.279/Misc.142/2007-ITJ(Pt.) issued by Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, Judicial Section dated August 8, 2019, monetary limit for filing appeals before the High Court has been increased to ₹ one crore and the tax effect in the present appeal being less than that, he may be permitted to withdraw the present appeal. Appeal is dismissed as withdrawn, while keeping open the legal issue raised therein.
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