The monetary limit for filing of appeals by the Department in Income-tax Cases before various appellate forums is Rs. 50 lakhs

Last updated: 14 May 2021
Quick Summary
The Income Tax Appellate Tribunal has noted a revised monetary limit for the Department to file appeals. Previously set at Rs 20 lakh, this limit has now been increased to Rs 50 lakh by a CBDT circular. Consequently, appeals where the tax effect is below this new threshold may not be entertained.

Court :
ITAT Pune

Brief :
This appeal by the Revenue arises out of the order passed by the CIT(A)-4, Pune on 04-07-2017 in relation to the assessment year 2011-12.

Citation :
ITA No. 3008/PUN/2017

IN THE INCOME TAX APPELLATE TRIBUNAL
PUNE BENCH “A”, PUNE – VIRTUAL COURT

BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND
SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER

ITA No. 3008/PUN/2017
Assessment Year : 2011-12

ACIT, Satara Circle,
Satara.
Appellant 

Vs. 

M/s. Mapro Foods Pvt. Ltd.,
3, Kushal Kunj,
Chesson Road, Panchgani,
Dist. Satara - 412805
PAN : AACCM2974Q
Respondent

Assessee by None
Revenue by Shri Vitthal Bhosale

Date of hearing 26-04-2021
Date of pronouncement 26-04-2021

ORDER

PER S.S. VISWANETHRA RAVI, JM :

This appeal by the Revenue arises out of the order passed by the CIT(A)-4, Pune on 04-07-2017 in relation to the assessment year 2011-12.

2. The ld. DR has fairly admitted that the tax effect involved in this appeal is less than Rs.50.00 lakh.

3. The CBDT has issued circular No.17/2019 dated 08-08-2019 revising upward the monetary limits for filing of appeals by Department in Income-tax Cases before various appellate forums. The earlier circular 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 recent Circular dated 08-08-2019 to Rs.50.00 lakh. Since tax effect in the instant appeal is less than the revised monetary limit of Rs.50.00 lakh, we are not inclined to entertain this appeal.

To know more in details find the attachment file
 

FAQ :

The monetary limit for the Department to file appeals before various appellate forums has been revised upwards to Rs 50 lakh.

The previous monetary limit for the Revenue to file appeals before the Tribunal was Rs 20 lakh.

The Central Board of Direct Taxes (CBDT) issued a circular revising the monetary limits.

The revised monetary limit was announced in CBDT circular No.17/2019 dated 08-08-2019.

If the tax effect is less than the revised monetary limit of Rs 50 lakh, the appeal may not be entertained.

 
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