1895/1992. - Income Tax - 1895/1992

INSTRUCTION NO. 1895/1992 Dated: August 11, 1992 The Board by Instruction No.1819 dated 15-5-89 prescribed a quota of 90 Units per month for CsIT(Appeals). However, the quota for disposal of appeals in Central Circles was of 60 units per month. A weightage of 3 units was allowed in respect of appeals involving disputed demand of Rs.2 lakhs and above. This weightage was applicable to appeals (including Central Circles appeals) relating to assessments, and penalties for concealment only. The weightage was not allowable if the order appealed against was set aside. Subsequently, a weightage of 1 1/2 units was allowed for appeals involving demand between Rs.1 lakh to Rs. 2 lakhs w.e.f. 1.1.90 vide Board's Instruction No.1835 dt.19.1.90. 2. The existing system of quota and weightage has been reviewed keeping in view the mounting pendency of appeals and also the need for expediting the disposal of appeals involving high demand. It has not been considered necessary to modify the existing monthly quota of disposal. It has, however, been felt that with the passage of time, the monetary limit of Rs.1 lakh should be raised to Rs.1 lakh and no extra weightage need be given for appeals involving disputed demand upto Rs.2 lakhs. Therefore, the weightage for appeals involving disputed demand between Rs.1 lakh to Rs. 2 lakhs given vide Board's Instructions No.1835 dt.19.1.90 is withdrawn and consequently, for appeals with disputed demand upto Rs.2 lakhs only one unit will be allowed. For appeals involving disputed demand above Rs. 2 lakhs but upto Rs.1 crore a weightage of three units will be allowed. For appeals with disputed demand above Rs.1 crore, a weightage of 4 units(instead of 3 at present) will be allowed. The above revision in weightage will be applicable in respect of appeals decided after 1.8.92. The other norms as laid down in Board's Instructions No.1819 of 15.5.89 will continue to be applicable.