2019 (9) TMI 209

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....AT (Judgement / Order / Decisions)<br>Dated:- 19-8-2019<br>ITA No. 4276/Del/2016, ITA No. 3955/Del/2012, ITA No. 2301/Del/2015, ITA No. 4277/Del/2016, ITA No. 5988/Del/2015, ITA No. 5996/Del/2015, ITA No. 5849/Del/2015 - -<br>Income Tax<br>SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER AND SHRI K.N.CHARY, JUDICIAL MEMBER For the Appellant : Shri Amit Katoch, Sr. DR, Shri Vinay Kumar Karan, CIT DR ....

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....al on record. We find that the CBDT vide Circular No. 17/2019 dated 08th August 2019 has enhanced the monetary limit for filing the appeal by the department before Income Tax Appellate Tribunal, Hon'ble High Courts and Hon'ble Supreme Court. The relevant para of the aforesaid circular is reproduced as under :- "2. As a step towards further management of litigation, it has been decided by ....

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....ing Officer shall calculate the tax effect separately for every assessment year in respect of the disputed issues in the case of every assessee. If, in the case of an assessee. the disputed issues arise in more than one assessment year, appeal can be filed in respect of such assessment year or years in which the tax effect in respect of the disputed issues exceeds the monetary&#39; limit specified....

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....der section 268A of the Income-tax Act, 1961." 5. We find that the tax effect involves in the appeal of the Revenue is below Rs. 50 lakhs. There is no dispute that the Board's instructions or directions issued to the Income-tax authorities are binding on those authorities, therefore, the Department should have withdrawn/not pressed the present appeal in view of the aforesaid instruction since t....