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TMI Blog2019 (12) TMI 348X X X X Extracts X X X X X X X X Extracts X X X X ..... r No.17/2019 dated 08.08.2019 has dismissed the appeal holding Since the tax effect involved in the matter is less than ₹ 2/- crores, going by the latest circular issued by the CBDT, we see no reason to interfere in this matter. The appeal filed by the Revenue is found to be non-maintainable - the appeal of Revenue stands dismissed as withdrawn. - I.T.A.No.784/Chny/2019 - - - Dated:- 28-8-2019 - Shri George Mathan, Judicial Member And Shri S.Jayaraman, Accountant Member Appellant by: Mr.AR.V.Sreenivasan,JCIT,D.R Respondent by: Mr.Arun Kurian Joseph, Advocate ORDER George Mathan, This is an appeal filed by the Revenue against the order of the Commissioner of Income-t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ad in conjunction with the CBDT circular No. 3/2018 (and subsequent amendment thereto), and all it does is to replace paragraph nos. 3 and 5 of the said circular. This is evident from the following extracts from the circular dated 8th August 2019: 2. As a step towards further management of litigation. it has been decided by the Board that monetary limits for filing of appeals in income-tax cases be enhanced further through amendment in Para 3 of the Circular mentioned above and accordingly, the table for monetary limits specified in Para 3 of the Circular shall read as follows: Sl.No Appeals/SLPs in Income-tax matters Monetary Limit (Rs.) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y limit specified in para 3. In case where a composite order/ judgement involves more than one assessee, each assessee shall be dealt with separately 4. The said modifications shall come into effect from the date of issue of this Circular. 8. Clearly, all other portions of the circular no. 3 of 2018 (supra) have remained intact. The portion which has remained intact includes paragraph 13 of the aforesaid circular which is as follows: 13. This Circular will apply to SLPs/ appeals/ cross objections/ references to be filed henceforth in SC/HCs/Tribunal and it shall also apply retrospectively to pending SLPs/ appeals/ cross objections/references. Pending appeals below the specified tax limits in pare 3 above may ..... X X X X Extracts X X X X X X X X Extracts X X X X
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