https://www.taxtmi.com/caselaws?id=304898 The High Court allowed the condonation of delay in appealing a common order passed by the Income Tax Appellate Tribunal. It held that the Office Memorandum dated 16th September, 2019, should have prospective effect and clarified that the exception to monetary limits for Penny Stock cases would apply only to appeals filed on or after that date. Consequently, the Court dismissed the appeals and related applications as it found no substantial question of law requiring consideration. en-us Wed, 20 Jul 2022 00:00:00 +0530 Fri, 04 Nov 2022 08:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304898 The High Court allowed the condonation of delay in appealing a common order passed by the Income Tax Appellate Tribunal. It held that the Office Memorandum dated 16th September, 2019, should have prospective effect and clarified that the exception to monetary limits for Penny Stock cases would apply only to appeals filed on or after that date. Consequently, the Court dismissed the appeals and related applications as it found no substantial question of law requiring consideration. Case-Laws Income Tax Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304898