Circular 23/2019 providing that monetary limit for filing appeal not applicable on tax evasion has no retro effect: HC

INCOME TAX : CBDT Circular No. 23/2019 dated 6-9-2019 and Office Memorandum No. 279 dated 16-09-2019 issued by CBDT both providing that cases involving organized tax evasion scam through bogus long term capital gain/short term capital loss on penny stocks were not subjected to monetary limits prescribed for filing appeals, would apply prospectively to appeals filed on or after 16-09-2019

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