TMI Blog2021 (3) TMI 251X X X X Extracts X X X X X X X X Extracts X X X X ..... arious 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wing the above precedent, dismiss the appeals filed by the Revenue. - ITA Nos. 401 & 402/PUN/2020 (Assessment Years : 2009-10 & 2010-11) - - - Dated:- 27-1-2021 - SHRI R.S. SYAL, VICE PRESIDENT Appellant by Shri S.P. Walimbe Respondent by None ORDER These two appeals by the Revenue are directed against the separate orders of the Commissioner of Income-tax (Appeals)-2, Pune d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t material on record. 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 th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 (M.A.No.60/PUN/2019 dt. 14-01-2020). No contrary view has been brought to my notice on behalf of the Revenue. Respectfully following the above precedent, I dismiss the appeals filed by the Revenue. 4. It is however clarified that the Department will be at liberty to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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