9911796707
TMI Blog2019 (10) TMI 1604X X X X Extracts X X X X X X X X Extracts X X X X ..... ,000./-. Vide recent CBDT Circular No. 17/2019 dated 08.08.2019 read with earlier CBDT Circular No. 3 of 2018, dated 11.07.2018, minimum threshold limit of tax effect of filing of appeals by Revenue in Income Tax Appellate Tribunal ("ITAT") has been enhanced to Rs. 50,00,000/-. In a subsequent clarification issued by CBDT vide F.No. 279/Misc/M93/2018-ITJ, dated 20/08/2019, it has been c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ue against the order dated 07.07.2014 passed by Learned Commissioner of Income Tax(Appeals)-I, New Delhi [in short, "Ld.CIT(A)"] pertaining to assessment year 2007-08. In this appeal, the tax effect is less than the monetary limit fixed by the Central Board of Direct Taxes (in short "CBDT") in its Circular No. 17/2009 dated 08.08.2019. The Revenue has raised following grounds of appeal:- 1. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted 20/08/2019, it has been clarified by CBDT that the aforesaid revised monetary limit is also applicable to all pending appeals in ITAT. Therefore, in view of the foregoing, we are of the view that this appeal filed by Revenue is not maintainable. The learned Departmental Representative also did not press the appeal. Accordingly, this appeal is dismissed being not pressed, and also being not mai ..... X X X X Extracts X X X X X X X X Extracts X X X X
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