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TMI Blog2019 (9) TMI 208X X X X Extracts X X X X X X X X Extracts X X X X ..... atter, the appeals filed by the Revenue stand dismissed. - ITA No. 5136 & 5137/DEL/2016 - - - Dated:- 19-8-2019 - SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER AND SH. PAVAN KUMAR GADALE, JUDICIAL MEMBER For the Appellant : Sh. P. C. Yadav, Advocate For the Respondent : Smt. Sulekha Verma, CIT DR ORDER PER N. K. BILLAIYA, AM: These appeals by the Revenue are preferred against ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ls before the Hon'ble Supreme Court have been specified. It would be pertinent to refer to the Circular No. 17/2019 which reads as under: Circular No. 17/2019 New Delhi. 8th August 2019 Subject: - Further Enhancement of Monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and SLPs/appeals before Supreme Court - Amendment to Circula ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Para 3 of the Circular shall read as follows: S.No. Appeals/SLPs in IT matters Monetary Limit (Rs.) 1. Before Appellate Tribunal 50,00,000/- 2. Before High Court 1,00.00.000/- 3. Before Supreme Cour ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in respect of an assessment year or years in which the tax effect is less than the monetary limit specified in para 3. Further, even in the case of composite order of any High Court or appellate authority which involves more than one assessment year and common issues in more than one assessment year, no appeal shall be filed in respect of an assessment year or years in which the tax effect is less ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o apply retrospectively to pending SLPs/appeals/cross objections/references. Pending appeals below the specified tax limits in para 3 above may be withdrawn/not pressed. 6. In light of the above, we are of the considered opinion that Circular No. 17/2019 shall also apply retrospectively to pending appeals. In that view of the matter, the appeals filed by the Revenue stand dismissed. 7. In t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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