2021 (3) TMI 251

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....e 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 based on the information received by the Ass....

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....ary 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 contention of the ld. DR that the appeals should not....