9911796707
TMI Blog2019 (9) TMI 1631X X X X Extracts X X X X X X X X Extracts X X X X ..... o the assessee, therefore, his arguments has no force. We find that the tax effect in this case is less than ₹ 50 lakhs, therefore, the appeal is not maintainable and therefore, we dismiss the same. However, the parties are given the liberty to file for recalling of this order if the appeal is covered by the exceptions listed at para- 10 (scope of which stands widened vide amendment dated ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s, such CBDT Circular is reproduced below:- Sub:- Further Enhancement of Monetary limits for filing of appeals by the Department before income Tax Appellate Tribunal, High Court and SLPs/appeals before Supreme Court-Amendment to Circular 3 of 2018- Measures for reducing litigation. Reference is invited to the Circular No. 3 of 2018 dated 11.07.2018 (the Circular) of Central Board of Direct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1. Before Appellate Tribunal 50,00,000 2. Before High Court 1,00,00,000 3. Before Supreme Court 2,00,00,000 3. Further, with a view to provide parity in filing of appeals in scenarios where separate order is passed by higher a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of any High Court or appellate authority which involves more than one assessment year and common issues in more than one assessment year, no appeal shall be filed in respect of an assessment year or years in which the tax effect is less than the monetary limit specified in para 3. In case where a composite order/ judgement involves more than one assessee each assessee shall be dealt with separatel ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
