According to the Circular, To effectively reduce taxpayer grievances/litigation and help the Department focus on litigation involving complex legal issues and high tax effect, the monetary limits for filing of appeals by the Department were last revised on 11th July, 2018 vide CBDT Circular No.3 of 2018. As a step towards further management of litigation by the Government, the monetary limits for filing Departmental appeals before various appellate fora including ITAT, High Court & Supreme Court have been revised as under:
|Appellate Forum||Existing Monetary Limit(Rs.)||Revised Monetary Limit(Rs.)|
|Before Income Tax Appellate Tribunal||20,00,000||50,00,000|
|Before High Court||50,00,000||1,00,00,000|
|Before Supreme Court||1,00,00,000||2,00,00,000|
The cases were dismissed on the basis of a recent circular issued by CBDT on August 8, 2019, raising the threshold for filing cases.
The entire exercise of withdrawal of cases, on the basis of an order issued on August 8 for enhancement of monetary limits for filing of appeals in tribunals (ITAT) and courts (HC and Supreme Court), is stipulated to be completed by October.