2019 (10) TMI 1368

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....4-10-2019<br>ITA No.1874/Del/2014, ITA No.1531/Del/2013, ITA Nos. 1251 & 2685/Del/2013, ITA No.3390/Del/2016 - -<br>Income Tax<br>i SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER For the Appellant : Ms Paramita M. Biswas, CIT DR, Shri Sanjog Kapoor, Sr. DR For the Respondent : Shri Mohit Jain, CA in ITA No.1874/14, Shri Ajay Bhagwani, CA,ITA 1251,1531, 2....

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....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 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 ab....

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....ed 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 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 c....

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....ed to the Income-tax authorities are binding on those authorities, therefore, the Department should have withdrawn/not pressed the present appeal in view of the aforesaid instruction since the tax effect in the instant appeal is less than the amount of Rs. 50 lakhs.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 Pate....