Appeal before ITAT having tax effect of less than Rs.50 lakh have to be treated as withdrawn

ITO Vs Sk. Sahanewaj Ali (ITAT Kolkata) CBDT had modified Circular No. 3 of 2018 dt. 11/07/2018. Further, the CBDT in its circular F. No. 279/Misc./M-93/2018-ITJ, dt. 20/08/2019, has clarified that the revised monetary limits, so mentioned in Circular No. 17/2019 is applicable to all pending appeals. As per these circulars all the revenue appeals filed before the ITAT, having tax effect of less than Rs.50,00,000/- have to treated as withdrawn. FULL TEXT OF THE ORDER OF ITAT KOLKATA Admittedly the tax effect in all these revenue appeals, is less than Rs.50,00,000/ -. The cross- objections are f...