2018 (11) TMI 1816

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..... e to the grounds of appeal as well as the assessment order, it was confirmed by the Bench that the addition being agitated is for ₹ 34.22 lacs, entailing a tax effect at ₹ 11.05 lacs. As per Section 268A of the Act monetary limit fixed per the latest instruction for the appeals before the tribunal is ₹ 20 lacs. Therefore, the instant appeal, being covered by section 268A re .....

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..... 2. At the very outset, it was submitted by the ld. AR, the assessee s counsel, Sh. P.N. Arora, Advocate, that the tax effect of the Revenue s appeal is below ₹ 20 lacs, i.e., the threshold monetary limit applicable for the Revenue s appeals before the Tribunal u/s. 268A of the Act as per the latest instruction, i.e., No. 3 dated 11.07.2018, by the CBDT. With reference to the grounds of app .....

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