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2021 (3) TMI 251 - AT - Income TaxMaintainability of appeal - low tax effect - HELD THAT:- There is no appearance from the side of assessee despite service of notice. The CBDT has issued circular No.17/2019 dated 08-08-2019 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 Circular dated 08-08-2019 to ₹ 50.00 lakh. Since tax effect in the instant appeals is less than the revised monetary limit of ₹ 50.00 lakh, we are not inclined to entertain the appeals of the Revenue. Hawala transaction - contention of the ld. DR that the appeals should not be dismissed because the additions in these cases were made on the basis of information received from the Sales tax department about the assessee indulging in hawala transactions - HELD THAT:- Such a contention has not been countenanced by the Pune Benches of the Tribunal in several cases including ITO VS. M/s Param Marketing [2020 (1) TMI 1415 - ITAT PUNE] and ITO VS. Yusuf Gulmmohmmed Patel [2020 (1) TMI 1416 - ITAT PUNE] .Not only that, even the Miscellaneous application filed u/s 254(2) on this issue has also been dismissed in DCIT VS. M/s Rang Rasayan [2020 (1) TMI 1414 - ITAT PUNE]. No contrary view has been brought to my notice on behalf of the Revenue. Respectfully following the above precedent, dismiss the appeals filed by the Revenue.
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