Though CBDT Circular dated 8th August 2019, enhancing the monetary limits for Dept appeals, states that the “modifications shall come into effect from the date of issue of the Circular”, it must be interpreted to mean that the enhanced limits apply not only to appeals to be filed in future but also to appeals pending for disposal as on now. It is an appreciable goodwill gesture by the Govt, for so many taxpayers, on the eve of this Independence Day and offering them freedom from the prolonged mental agony and uncertainty of litigation. ( ITA No. (ITA No. 1398/Ahd/2004) and 627 other appeals and Cos, dt. 14.08.2019)(AY. 1998-99)
ITO v. Dinesh Madhavlal Patel (2019) 108 taxmnn.com 211 / 181 DTR 9 (Ahd)(Trib), www.itatonline.org
S. 254(1) : Appellate Tribunal -Low tax effect Appeals- Less than 50 lakhs – Applies to all pending appeals- 628 Departmental appeals are dismissed . [ S.253 ] .