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TMI Blog2020 (3) TMI 869X X X X Extracts X X X X X X X X Extracts X X X X ..... the order dated 25.10.2019 of the CIT(A), Sambalpur for the assessment year 2007-08. 2. The revenue has raised the following grounds of appeal: " 1. On the fact and circumstances of the case, the Ld. CIT(A), Sambalpur is not justified in deleting the addition of Rs. 13,35,355/- made towards "Excess depreciation on spinning unit" in the assessment order for the A.Y.2007-08 ignoring the fact th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5. On the fact and circumstances of the case, the Ld. CIT(A), Sambalpur is not justified in deleting the addition of Rs. 7,00,485/- made towards " Interest received & receivable" 3. The appeal is time barred by 08 days. The department has filed condonation petition for condoning the delay. After going through the condonation petition, I am satisfied that there was reasonable cause in filing the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appellate orders favourable to the assessee in the cases in which overall tax effect, excluding interest except when interest itself is in dispute, is Rs. 50,00,000/- or less. 6. This circular, only enhances the monetary limits and gives further relaxation. The old circular, beyond any dispute or controversy, categorically applied to the pending appeals as on the date of issuance of circular. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... R. submits that liberty may kindly be given to point out, upon necessary further verifications, and to seek recall the dismissal of appeal and restoration of the appeal in the case: (i) in which it can be demonstrated that the appeals are covered by the exceptions, and (ii) which are inadvertently included in this bunch of appeals, wherein the tax effect, in terms of the CBDT circular (supra ..... X X X X Extracts X X X X X X X X Extracts X X X X
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