C/TAXAP/634/2019 ORDER IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 634 of 2019 With R/TAX APPEAL NO. 635 of 2019 PRINCIPAL COMMISSIONER OF INCOME TAX-2 Versus MUNDRA INTERNATIONAL CONTAINER TERMINAL PVT. LTD Appearance: MRS MAUNA M BHATT(174) for Appellant(s) No. 1 MR B S SOPARKAR(6851) for Opponent(s) No. 1 CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALA and HONOURABLE MR.JUSTICE A.C. RAO Date : 16/09/2019 ORAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) 1. These Tax Appeals under Section 260A of Income Tax Act, 1961 (for short Act, 1961 ) are at instance of Revenue. 2. These Tax Appeals are not pressed in view of low tax effect having regard to Circular No.17/2019, dated 8th August, 2019 issued by Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. 3. According to new policy as reflected from Page 1 of 2 Downloaded on : Sat Oct 26 10:38:53 IST 2019 C/TAXAP/634/2019 ORDER Circular referred to above, table for monetary limits is as follows : Sr. No. Appeals/SLPs in Income-tax matters Monetary Limit (Rs.) 1 Before Appellate Tribunal 50,00,000 2 Before High Court 1,00,00,000 3 Before Supreme Court 2,00,00,000 4. In view of aforesaid, both Tax Appeals are disposed of accordingly. (J. B. PARDIWALA, J) (A. C. RAO, J) Dolly Page 2 of 2 Downloaded on : Sat Oct 26 10:38:53 IST 201 Principal Commissioner of Income-tax-2 v. Mundra International Container Terminal Pvt. Ltd