TMI Blog2019 (9) TMI 1335X X X X Extracts X X X X X X X X Extracts X X X X ..... ome Tax Appellate Tribunal from ₹ 20,00,000/- to ₹ 50,00,000/-. Accordingly, the appeals of the department are not maintainable being monetary limit is less than/not exceeding ₹ 50,00,000/-. The department is at liberty to file the Miscellaneous Application in case the tax effect in these appeals is found to be more then ₹ 50,00,000/- or the case falls in any of the e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lar dated 08.08.2019 for the purpose of filing of appeal by the department before the Income Tax Appellate Tribunal from ₹ 20,00,000/- to ₹ 50,00,000/-. For ready reference, we reproduce the CBDT Circular No. 17 of 2019 dated 08.08.2019 as under :- Further Enhancement of Monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0,00,000 Before Supreme Court 1,00,00,000 2,00,00,000 The Assessing Officer shall calculate the tax effect separately for every assessment year in respect of the disputed issues in the case of every assessee. If, in the case of an assessee, the disputed issues arise in more than one assessment year, appeal can be filed i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exceeding ₹ 50,00,000/-. 3. The department is at liberty to file the Miscellaneous Application in case the tax effect in these appeals is found to be more then ₹ 50,00,000/- or the case falls in any of the exceptions of the circular. 4. In the result, both the appeals of the department are dismissed. Order pronounced in the open court on 02/09/2019. - - TaxTMI - TMITa ..... X X X X Extracts X X X X X X X X Extracts X X X X
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