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2017 (6) TMI 185 - AT - Income TaxMaintainability of appeal - monetary limit - Held that:- Recently, the CBDT in its Circular No.21/2015 dated 10th December, 2015 have revised the monetary limit to ₹ 10 lakhs from ₹ 4 lakhs to file the appeal before the Tribunal by the Revenue. On scrutiny of appeal filed by the revenue, it is found that the total tax demand is below the prescribed limit of ₹ 10 lakhs. The CBDT also clarifies that this instruction will apply retrospectively to pending appeals and appeals to be filed henceforth in High Courts/Tribunal. Considering the above CBDT Circular, we found that this appeal of the revenue is not maintainable as the tax effect in this appeal is below ₹ 10 lakhs. Accordingly, we dismiss the appeal of the revenue.
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