2015 (11) TMI 72

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....Tribunal (ITAT) in ITA No. 3690/Del/2010. The ITAT in its impugned order noted that the tax effect was Rs. 2,92,000. The ITAT noted that in terms of the Income Tax Department's Instruction No. 3/2011 dated 9th February 2011, issued under Section 268 A (1) of the Income Tax Act 1961, the Revenue was not permitted to file an appeal before the ITAT where the tax effect did not exceed Rs. 3 lakhs.....

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.... the matter and take appropriate departmental action against the officer who recommended the filing of the appeal. The action taken in this regard shall be reported to the Court within four weeks. The appeal is accordingly dismissed. The order shall be communicated directly by this Court to the concerned Chief Commissioner of Income Tax for appropriate action." 3. A letter dated 7th May 2015 has ....

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.... "would be governed by the monetary limits, inter alia, as specified in the Instructions operative at the time the cases were filed. The Pr CCIT has pointed out that in the present case at the time the appeal was filed before the ITAT, i.e. in 2010, the monetary limit for filing the appeal was Rs. 2 lakhs in terms of Instruction No. 5 of 2008 dated 15th May 2008. The tax effect as regards the said....

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....28th April 2015, there has been a new development with an order dated 1st July 2015 being passed by the Supreme Court in Civil Appeal Nos. 4919-4920 of 2015, whereby the order of this Court dated 26th March 2012 in RP No. 189/2012 in ITA Nos. 24/2003 and the order dated 7th April 2011 in ITA No. 24/2003 (CIT-VIII, Delhi v. Suman Dhamija) were set aside. The relevant part of the order of the Suprem....