2019 (9) TMI 1649

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..... the Central Board Direct Taxes (in short the CBDT ) circular dated 11.07.2018 whereby the CBDT has directed that the Department Appeals may be filed on merits before the Income Tax Appellate Tribunal, High Courts and SLPs/Appeals before the Supreme Court keeping in view the monetary limits for the High Courts. HELD THAT:- Applying the circular, the tax case was dismissed however, the same circula .....

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..... , the said information having not emanated from the CBI/ ED/ DRI/ SFIO/ DGGI, clause 10(e) would have no application. In our considered view, the TAXC was rightly dismissed being hit by the Circular dated 11.7.2018 read with the amendment in the said circular vide subsequent CBDT circular dated 20.08.2018.
Shri Prashant Kumar Mishra And Shri Parth Prateem Sahu, JJ. For the Applicant : Shri Ami .....

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..... ation received from external sources, the exception clause would apply and the ceiling of monetary limit would not apply. 3. Having heard learned counsel for revenue and having seen the subject clause 10(e), it appears the same would apply where addition is based on information received from external sources in the nature of law enforcement agencies such as CBI/ ED/ DRI/ SFIO/ Directorate Genera .....

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