What is the use of below ACL.
access−list 110 permit tcp any any gt 1023 established
It also depends if you're applying ACL to INSIDE or OUTSIDE.
The line itself means as Narayan says.
ONLY allow TCP packets from ANY port to port GREATER THAN 1023, but only if session was already ESTABLISHED from the other side.
I.E.: If ACL would be
access−list 110 permit tcp host 184.108.40.206 host 220.127.116.11 gt 1023 established
ACL would allow TCP packets from host 18.104.22.168 and any TCP source port to host 22.214.171.124 at destination ports greater than 102.
But only AFTER host 126.96.36.199 has established a connection to host 188.8.131.52
The access-list will allow all TCP connections having port number greater than 1023.
The established keyword would block all the incoming traffic except for the established connections that are initiated from your inside network i.e allowing only the reply for the connections you had initiated on ports greater than 1023.
HTH, rate if it does