CBDT monetary limit for tax appeals applied to pending cases, rendering the Revenue's appeal non-maintainable.

The revised CBDT monetary limit for filing income-tax appeals before the Tribunal was applied to pending matters as well, and the earlier instructions continued only to the extent not amended. Since the tax effect was below the enhanced threshold of Rs. 50,00,000, the Revenue's appeal fell within the category of cases not required to be pressed and was dismissed as non-maintainable.

---

---

Issues: Whether the Revenue's appeal was non-maintainable and liable to be dismissed in view of the CBDT circular enhancing the monetary limit for filing appeals in income-tax matters.

Analysis: The tax effect involved was below the revised monetary limit of Rs. 50,00,000 prescribed for appeals before the Tribunal. The circular enhancing monetary limits was treated as applicable to pending appeals as well, and the earlier CBDT instructions continued to operate except to the extent amended. On that basis, the appeal was held to fall within the category of cases not required to be pressed.

Conclusion: The appeal was held to be non-maintainable and was dismissed.

---