2020 (1) TMI 1013

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....nue : Shri Sankar Naskar, Sr. D.R. ORDER PER BHAVNESH SAINI, J.M. This appeal by Revenue has been directed against the Order of the Ld. CIT(A)-10, New Delhi, Dated 30.08.2016, for the A.Y. 2006-2007, challenging the Order of Ld. CIT(A) in deleting the addition of Rs. 79,20,000/- under section 69 of the I.T. Act, 1961. 2. Admittedly, the tax effect in the Departmental Appeal is less than Rs. 50....

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....cordingly, the monetary limit for filing the appeal before the Appellate Tribunal have been enhanced to Rs. 50 lakhs. Since Circular No.17/2019 Dated 08.08.2019 have been issued to amend its earlier Circular No.3/2018 (supra), therefore, all the conditions of earlier Circular No.3/2018 shall apply accordingly. 3. The Ld. D.R. in view of the above Board's Circulars did not press the Departmental A....