Income Tax Act, 1961—Appeal – CBDT, Department of Revenue, Ministry of Finance, Government of India, New Delhi, issued a revised Circular No. 3 of 2018, dated July 11, 2018, revising the monetary limits for filing appeals by the Department before the ITAT, High Courts and the Supreme Court. The monetary limit of Rs. 20 lakhs for filing appeals before the ITAT would apply equally to cross-objections under section 253(4) of the Act. Cross-objections below this monetary limit, already filed, should be pursued for dismissal as withdrawn/not pressed. Filing of cross-objections below the monetary limit may not be considered henceforth. Sinii-larly, references to High Courts and SLPs/appeals before Supreme Court below the monetary limit of Rs. 50 lakhs and Rs. I crore respec¬tively should be pursued for dismissal as withdrawn/not pressed. Ref¬erences before High Court and SLPs/appeals below these limits may not be considered henceforth. This circular will apply to SLPs/appeals/cross-objections/refer¬ences to be filed henceforth in SCIHCs/Tribunal and it shall also apply retrospectively to pending SLPs/appeals/cross-objections/references. - CIT V/s BOSCH LIMITED - [2020] 425 ITR 667 (KARN)