Analysis of Circular No. 17/2019 dated 08/08/2019
1. As a measure for reduction in the tax litigations, CBDT has further increased Monetary Limits for filing appeals by the Income Tax Department. The revised monetary limits are as under:
| Sr. No. | Appeals/SLPs in lncome tax matters | Earlier Limits | Revised Limits vide this circular |
| 1 | Before Appellate Tribunal | 20,00,000 | 50,00,000 |
| 2 | Before High Court | 50,00,000 | 1,00,00,000 |
| 3 | Before Supreme Court | 1,00,00,000 | 2,00,00,000 |
2. Further, the new circular also clarified that above limits to be seen individually for each assessee and each assessment year; in case of –
- If the disputed issue is for more than one AY, then appeal to be filed only for those AY when tax effects exceeds the above limits;
- In case of combined order for more than one years of an assessee, then appeal to be filed only for those AY when tax effects exceeds the above limits;
- In case of combined order for more than one assessee, then appeal to be filed only for those Assessee when tax effects exceeds the above limits.
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I think after tribunal dept appeal should not be allowed as this is showing lack of faith in apex body of CBDT itself by its own stakeholders.