Revenue sought withdrawal of its income-tax appeal citing CBDT Circular No.9/2024 raising monetary limits for filing appeals. Court allowed the application and dismissed the appeal as withdrawn; pending applications disposed of.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
ITA-205-2023 (O&M)
Page 1 of 3
105-2
IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
ITA-205-2023 (O&M)
Date of Decision: 15.10.2024
THE PR. CO M MISSIONER OF INCOME T A X-1, CHD.
. . . . Appellan t
Vs. LATE GUR M AIL SINGH THROUGH ARS H PREET SINGH, LEGAL HEIR
. . . . Responden t
****
CORAM: HON’BLE MR. JUSTICE SANJEEV PRAKASH SHARMA HON’BLE MR. JUSTICE ALOK JAIN
M r. Manpreet Kanda, Advocate f or the respondent.
****
SANJEEV PRAKASH SHARMA, J.(Oral)
MOHIT GOYAL 2024.10.15 17:33 I attest to the accuracy and integrity of this document
ITA-205-2023 (O&M)
Page 2 of 3
“ 2. As a step tow a rds management of l itigation, it has been decided b y the Board to revise t he monetary limits for filing of appeals in Income-tax c ases as stated in Para 4.1 o f the aforementioned C ircular as follows:
| S l. No. |
Appeals/SLPs in I ncome-tax |
Monetary Limit |
|---|---|---|
| matters | (Tax effect in |
|
| Rs.) | ||
| 1 . |
Before Income Tax Appellate |
60 lakh |
| Tribunal | ||
| 2 . |
Before High Court | 2 crore |
| 3 . |
Before Supreme Court | 5 crore |
3. Monetary limits given in paragraph 2 above
w ith regard to filing appeal/SL P shall be applicable to a ll cases including those relati n g to TDS/TCS under t he Income-tax Act, 1961 with e x ceptions as per paras 3 .1 and 3.2 of Circular No 5/2 0 24 dated 15.03.2024, w here the decision to appeal/file SLP shall be taken on m erits, without regard to th e tax effect and the m onetary limits.”
MOHIT GOYAL 2024.10.15 17:33 I attest to the accuracy and integrity of this document
ITA-205-2023 (O&M)
Page 3 of 3
(SANJEEV PRAKASH SHARMA) JUDGE
(ALOK JAIN) JUDGE
October 15, 2024
Mohit goyal
1. Whether speaking/reasoned? 2. Whether reportable?
Yes/No Yes/No
MOHIT GOYAL 2024.10.15 17:33 I attest to the accuracy and integrity of this document
1 provisions across 1 enactments
The Pr. Commissioner of Income Tax-1, Chd.
Late Gurmail Singh through Arshpreet Singh, Legal Heir
Sanjeev Prakash Sharma
Alok Jain
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
