{"id":60652,"date":"2026-06-08T13:15:19","date_gmt":"2026-06-08T07:45:19","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-it-v-bennet-coleman-co-ltd-2025-307-taxman-62-bom-hc\/"},"modified":"2026-06-08T13:15:19","modified_gmt":"2026-06-08T07:45:19","slug":"cit-it-v-bennet-coleman-co-ltd-2025-307-taxman-62-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-it-v-bennet-coleman-co-ltd-2025-307-taxman-62-bom-hc\/","title":{"rendered":"CIT (IT) v. Bennet Coleman &#038; Co. Ltd. (2025) 307 Taxman 62 (Bom.)(HC)"},"content":{"rendered":"<p>Monetary limits prescribed in CBDT Circulars would apply to pending appeals as well; however, exceptions carved out by CBDT Circulars would apply only prospectively.\u00a0 Appeal filed by revenue on 21-5-2015; the exception relied upon by revenue as a justification for prosecuting said appeal was introduced vide Circular dated 15-3-2024, and said exception would have no application. Since the tax effect in the appeal was below the monetary limits as set out in CBDT Circular dated 17-9-2024, the appeal was to be disposed of. Followed, PCIT v. Premier Industrial Corporation Ltd (2025) 172 taxmann.com 289 (Bom) HC)\u00a0 Circular No. 9 of 2024, dated 17-9-2024 and Circular No. 5 of 2024, dated 15-3-2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 268A: Appeal-Instructions-Monetary limits prescribed in CBDT Circulars would apply to pending appeals-Exceptions carved out by CBDT Circulars would apply only prospectively-Appeal of revenue dismissed.[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_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":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-60652","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fMg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60652","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=60652"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60652\/revisions"}],"predecessor-version":[{"id":60653,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60652\/revisions\/60653"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=60652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=60652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=60652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}