2021 (3) TMI 251

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....he Revenue are directed against the separate orders of the Commissioner of Income-tax (Appeals)-2, Pune dated 18-02-2020 & 19-02-2020 in relation to the assessment years 2009-10 & 2010-11 respectively. At the outset, it has been fairly admitted by the ld. DR that the tax effect in these two appeals is less than Rs. 50.00 lakh. However, the ld. DR submitted that the additions in these appeals are b....

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....cular No.03/2018 dated 11-07-2018 fixed monetary limit for filing of appeals by the Revenue before the Tribunal at Rs. 20.00 lakh. Such limit has now been enhanced in the Circular dated 08-08-2019 to Rs. 50.00 lakh. Since tax effect in the instant appeals is less than the revised monetary limit of Rs. 50.00 lakh, I am not inclined to entertain the appeals of the Revenue. 3. As regards the conte....