The appellant claimed that a new circular dated 17-9-2024, had been issued in which monetary limits for filing Income Tax Appeals had been enhanced to Rs. 2 crores and since in the present case the tax liability of assessee was less than Rs. 2 crores, in light of aforesaid circular dated 17-9-2024, the present appeal may be disposed of.Appeal of revenue dismissed due to monetary tax limit.\u00a0 Circular No. 9\/2024 [F. NO. 279\/MISC.\/M-74\/2024-ITJ], dated 17-09-2024<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 268A : Appeal- Instructions-Where monetary limit for filing appeals by revenue before High Court had been enhanced to Rs. 2 crores vide circular dated 17-09-2024 and tax liability of assessee was less than Rs. 2 crores- Appeal of revenue dismissed due to monetary limits.[S. 260A] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-59125","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fnD","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=59125"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59125\/revisions"}],"predecessor-version":[{"id":59126,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59125\/revisions\/59126"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}