IN HIGH COURT OF DELHI AT NEW DELHI ITA 138/2002 CIT Petitioner Through: Mr.Sanjeev Sabharwal, Sr.Standing Counsel with Mr.Ruchir Bhatia, Jr.Standing Counsel versus SHANTI BHUSHAN Respondent Through: Mr.Kartik S., Advocate proxy for Mr.Prashant Bhushan, Advocate CORAM: HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE V. KAMESWAR RAO ORDER 14.08.2014 tax effect in present case it is stated is about Rs. 1.92 Lakhs as addition in question, which is subject matter of present appeal by revenue is Rs. 4.28 Lakhs. Learned Standing Counsel for revenue has pointed out that as per applicable Circular bearing No. 279/126/98 ITJ dated 27.03.2000 issued by Central Board of Direct Taxes (CBDT), appeal should be filed in cases where tax effect was more than Rs. 2 lakhs. present limit stands increased to Rs.10 lacs. We are not inclined to examine present appeal on merits due to low tax effect. We note that it is not case of appellant-revenue that this case is connected or has cascading tax effect. appeal will accordingly be treated as disposed of. SANJIV KHANNA, J V. KAMESWAR RAO, J AUGUST 14, 2014/akb $ 1 to 17 CIT v. Shanti Bhushan