9911796707
TMI Blog2019 (3) TMI 1967X X X X Extracts X X X X X X X X Extracts X X X X ..... appeal is less than the monetary limit prescribed by the recent CBDT Circular for filing of appeals before the Tribunal by the Department. CBDT vide Circular 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. Circular applies to the appeals to be filed by the Department in future as well as the a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Nagpur dated 30-09-2013 for the assessment year 2007-08. 2. Shri S.C. Thakar appearing on behalf of the assessee submitted at the outset that the appeal by Revenue is liable to be dismissed on account of low tax effect in terms of recent CBDT Circular No. 3/2018, dated 11-07-2018. 3. Shri Shri U.U. Kasar representing the Department fairly admitted that in the present appeal by the Departme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll as the appeals pending before the Tribunal. Without going into merit of the issues raised in the appeal, in view of the CBDT Circular the present appeal of the Revenue is dismissed on account of low tax effect. 5. Before parting, we clarify here that the Revenue shall be at liberty to approach the Tribunal for restoration of appeal, with the requisite material to show that the appeal is prot ..... X X X X Extracts X X X X X X X X Extracts X X X X
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