IN INCOME TAX APPELLATE TRIBUNAL PUNE BENCH B, PUNE BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER . ITA Nos.2075 & 2076/PUN/2017 Assessment Years : 2013-14 & 2012-13 DCIT, Circle-7, M/s. Tata Ficosa Automotive Pune Vs. Systems Ltd., S.No.235/245, Hinjewadi, Pune 411057 PAN : AAACT5755A (Appellant) (Respondent) Appellant by Shri Abhishek Meshran Respondent by Shri Sanket Bakshi & Shri Abhishek Kulkarni Date of hearing 16-09-2019 Date of pronouncement 17-09-2019 ORDER PER R.S.SYAL, VP : These appeals by Revenue are directed against orders dated 12.05.2017 passed by Commissioner of Income-tax (Appeals)-5, Pune in relation to assessment years 2013-14 & 2012-13. It has been fairly admitted by ld. DR that tax effect in these appeals is less than Rs.50.00 lakh each. 2. Recently, CBDT has issued circular No.17/2019 dated 08-08-2019 revising upward monetary limits for filing of 2 ITA Nos.2075 & 2076/PUN/2017 M/s. Tata Ficosa Automotive Systems Ltd., appeals by Department in Income-tax Cases before various appellate forums. earlier circular No.03/2018 dated 11-07-2018 fixed monetary limit for filing of appeals by Revenue before Tribunal at Rs.20.00 lakh. Such limit has now been enhanced in recent Circular dated 08-08-2019 to Rs.50.00 lakh. Since tax effect in instant appeals is less than revised monetary limit of Rs.50.00 lakh, we are not inclined to entertain these appeals. 3. At this juncture, it is pertinent to note that CBDT vide F.No.279/Misc/M-13/2018-ITJ dated 20-08-2019 has clarified that revised monetary limits so mentioned in Circular No.17/2019 are applicable to all pending appeals. Not only that, it has further been directed to competent authorities to withdraw all such appeals on or before 31-10-2019. 4. In view of foregoing discussion, we dismiss appeals filed by Revenue. 5. In result, both appeals are dismissed. Order pronounced in Open Court on 17th September, 2019. Sd/- Sd/- (S.S. VISWANETHRA RAVI) (R.S.SYAL) JUDICIAL MEMBER VICE PRESIDENT Pune; Dated : 17th September, 2019 3 ITA Nos.2075 & 2076/PUN/2017 M/s. Tata Ficosa Automotive Systems Ltd., Copy of Order is forwarded to: 1. Appellant; 2. Respondent; 3. CIT(A)-5, Pune 4. Pr. CIT-4, Pune 5. B /DR B , ITAT, Pune; 6. Guard file. BY ORDER, True Copy Senior Private Secretary , ITAT, Pune Date 1. Draft dictated on 16-09-2019 Sr.PS 2. Draft placed before author 16-09-2019 Sr.PS 3. Draft proposed & placed JM before second member 4. Draft discussed/approved JM by Second Member. 5. Approved Draft comes to Sr.PS Sr.PS/PS 6. Kept for pronouncement on Sr.PS 7. Date of uploading order Sr.PS 8. File sent to Bench Clerk Sr.PS 9. Date on which file goes to Head Clerk 10. Date on which file goes to A.R. 11. Date of dispatch of Order. DCIT, Circle-7, Pune v. Tata Ficosa Automotive Systems Ltd