2019 (9) TMI 998

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....ee has preferred Application for Early hearing in the main Appeal. However, at the time of hearing, both the parties agreed that the tax effect involved in these appeals is below the prescribed limit. Therefore, the main appeal may be decided today itself. Accordingly, the Application for early hearing has become infructuous and dismissed as such. 2. The Appellant, by filing the present appeal s....

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.... the Tribunal, Hon'ble High Court and Hon'ble Supreme Court has been revised and the relevant portion of the aforesaid circular is extracted as under: "Subject : Further Enhancement of Monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and SLPs/appeals before Supreme Court - Amendment to Circular 3 of 2018 -Measures for reducing lit....

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.... follows: S. No. Appeals/SLPs in Income-tax matters Monetary Limit (in Rs) 1 Before Appellate Tribunal 50,00,000/- 2 Before High Court 1,00,00,000/- 3 Before Supreme Court 2,00,00,000/- 3. Further, with a view to provide parity in filing of appeals in scenarios where separate order is passed by higher appellate authorities for each assessment year vis-a-vis where composite orde....

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....nt year and common issues in more than one assessment year, no appeal shall be filed in respect of an assessment year or years in which the tax effect is less than the monetary limit specified in para 3. In case where a composite order/ judgment involves more than one assessee. each assessee shall be dealt with separately." 5. In view of the CBDT Circular No.17/2019 dated 8th August, 2019 having....