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2019 (8) TMI 1848 - AT - Income TaxMaintanabiity of appeal - low tax effect - HELD THAT:- We note that the tax effect in this appeal is not exceeding the monetary limit as revised by the CBDT vide Circular dated 08.08.2019 for the purpose of filing of appeal by the department before the Income Tax Appellate Tribunal from Rs. 20,00,000/- to Rs. 50,00,000/-. The appeal of the department is not maintainable being monetary limit is less than/not exceeding Rs. 50,00,000/-. Department is at liberty to file the Miscellaneous Application in case the tax effect in this appeal is found to be more then Rs. 50,00,000/- or the case falls in any of the exceptions of the circular. In the result, both the appeals of the department are dismissed.
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