2019 (9) TMI 297

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.... : Shri Rohit Tiwari, Adv For the Revenue : Ms. Pramita M. Bisawas, CIT DR ORDER PER BENCH. 1. This is an appeal filed by the revenue and the cross objection filed by the assessee against the order of the ld CIT(A)-I, New Delhi dated 19.10.2015 for the Assessment Year 2006-07. 2. At the outset of the hearing itself, the ld. ARs brought to our attention that CBDT vide Circular No. 17....

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....agement of litigation, it has been decided by the Board that monetary limits for filing of appeals in income-tax cases be enhanced further through amendment in Para 3 of the Circular mentioned above and accordingly, the table for monetary limits specified in Para 3 of the Circular shall read as follows: S.No. Appeals/SLPs in Income-tax matters Monetary Limit (Rs.) 1. Before Appellat....

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....sues exceeds the monetary' limit specified in para 3. No appeal shall be filed in respect of an assessment year or y ears in which the tax effect is less than the monetary limit specified in para 3. Further, even in the case of composite order of any High Court or appellate authority which involves more than one assessment year and common issues in more than one assessment year, no appeal shal....

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....l in view of the aforesaid instruction since the tax effect in the instant appeal is less than the amount of Rs. 50 lakhs. The issue of applicability of the above circular to pending appeals has been decided by the coordinate bench in Dinesh Madhavlal Patel [TS- 469-ITAT-2019(Ahd)] 2019-TIOL-1556-ITAT-AHM dated 14th August, 2019 . 5. In view of the above, Circular No. 17/2019 dated 08/08/201....