ACIT, CIRCLE- 1, HALDWANI vs. AMARJEET SINGH, RUDRAPUR

The appeal by the Revenue for the Assessment Year 2013-14 is directed against the order of the Ld.CIT(A), Haldwani dated 18.10.2017.

At the time of hearing before us, none appeared on behalf of the assessee-respondent. This appeal of the Revenue is, therefore, being disposed of ex-parte qua the assessee after hearing the arguments of Ld. DR.

We have heard the arguments of Ld. DR and have perused the relevant material placed before us. It is observed that the tax effect in the present appeal of the Revenue is below Rs.50 lakhs. As per Circular No.21/2015 dated 10th December, 2015, the CBDT has clearly laid down that the Revenue should not prefer appeals before the ITAT if the tax effect involved in the appeal, excluding interest, is less than Rs.50 lakhs. In view thereof, the appeal filed by the Revenue is not maintainable and is dismissed.

In the result, the appeal of Revenue is dismissed.