2018 (7) TMI 1987

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..... cular No. 3/2018, dated 11-07-2018 has raised the monetary limit of tax effect for filing of appeals by the Department before the Tribunal to ₹ 20 lakhs. The circular applies to the appeals to be filed by the Department in future, as well as the appeals pending before the Tribunal. Thus, in view of the above CBDT Circular, the present appeal of the Revenue is liable to be dismissed on accoun .....

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..... Department tax effect is less than ₹ 20 lakhs. 4. Both sides heard. The Revenue is in appeal against the order of Commissioner of Income Tax (Appeals) in restricting/deleting the addition on account of bogus purchases. The Assessing Officer made addition of ₹ 56,33,551/- on account of bogus purchases. The Commissioner of Income Tax (Appeals) restricted the addition to ₹ .....

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