2019 (8) TMI 1763

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..... he learned counsel draws the attention of this Court to the communication dated 20th August, 2019 made by the Central Board of Direct Taxation to all the Chief Commissioners of Income Tax clarifying at paragraph No.3 that the monetary limit prescribed in Circular No.17 of 2019 is applicable to all pending Special Leave Petitions, Appeals, Cross Objections and References. We permit the appellant .....

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..... al Leave Petitions/Appeals before the Supreme Court stands amended, and by the said amendment the earlier monetary limit of ₹ 50,00,000/- (Rupees fifty lakh) has not been raised to ₹ 1,00,00,000/- (Rupees one crore). The earlier monetary limit was prescribed as per Circular No.3 of 2018 dated 11th July, 2018. In the light of the same, the learned counsel submits that the appeal is not .....

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..... 20th August, 2019 made by the Central Board of Direct Taxation to all the Chief Commissioners of Income Tax clarifying at paragraph No.3 that the monetary limit prescribed in Circular No.17 of 2019 is applicable to all pending Special Leave Petitions, Appeals, Cross Objections and References. 3. In view of the above, we permit the appellant to withdraw the appeal for the reasons stated above. .....

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