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TMI Blog2015 (12) TMI 1726X X X X Extracts X X X X X X X X Extracts X X X X ..... circular dated 10.12.2015, issued by the CBDT in exercise of the powers conferred in it by subsection (1) of S.268A, we are of the view that the appeal filed herein should not have been pressed by the Revenue. The Learned Departmental Representative fairly admitted that the Revenue effect in this appeal is less than the limit prescribed in para-3 of the above circular issued by the CBDT. Having r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of appeals by the Department before the Income Tax Appellate Tribunal, High Courts and Supreme Court. Insofar as the Tribunal is concerned, the monetary limit specified is ₹ 10 lakhs. CBDT specified that where the tax effect does not exceed the monetary limit specified therein, the concerned authority has to withdraw its appeal or it need not press the same. It is further specified that the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... made to this direction with regard to a combined order passed by the first appellate authority. That is, if in one of the years the tax effect is more than ₹ 10 lakhs and the Revenue decides to file an appeal, in respect of other years covered by the said order also, Revenue is eligible to file appeal, even though the tax effect in each of those years is less than ₹ 10 lakhs. It was al ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 10.12.2015, issued by the CBDT in exercise of the powers conferred in it by subsection (1) of S.268A, we are of the view that the appeal filed herein should not have been pressed by the Revenue. The Learned Departmental Representative fairly admitted that the Revenue effect in this appeal is less than the limit prescribed in para-3 of the above circular issued by the CBDT. Having regard to the cir ..... X X X X Extracts X X X X X X X X Extracts X X X X
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