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Income Tax Appellate Tribunal, HYDERABAD BENCH “A”, HYDERABAD
Before: SMT. P. MADHAVI DEVI & SHRI A. MOHAN ALANKAMONY
IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH “A”, HYDERABAD BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER Assessment Year: 2016-17 The Income Tax Officer, Vs. Sri Edulakanti Ganga Ward-9(1). Reddy, Hyderabad. Hyderabad. PAN: AAMPE 9015 F (Appellant) (Respondent) Assessee by: None Revenue by: Shri K.J. Divya, DR /Date of hearing: 18/06/2020 Date of pronouncement: 18/06/2020 ORDER PER A. MOHAN ALANKAMONY, AM.:
This appeal is filed by the Revenue against the order of the Ld. CIT(A)-7, Hyderabad dated 15/11/2019 in appeal No. 0134/CIT(A)- 7/2019-20 passed U/s. 271D r.w.s 250(6) of the Act for the Asst. Year 2016-17.
This appeal was heard through video conferencing. At the time of hearing it has been brought to our notice that as per the CBDT Circulars No.03/2018 dated 11.07.2018 and Circular No.17 of 2019 dated 9th August, 2019, the tax limit for filing appeal by the Revenue before the Tribunal has been fixed at Rs.50.00 lakhs and above. Therefore, since the tax effect in the present appeal before us is less than Rs.50.00 lakh, we hereby dismiss the same with liberty to the Revenue to seek recall of the order, if the appeal falls within the exceptions mentioned in the Circulars of the CBDT.
In the result, the appeal filed by the Revenue is dismissed.
Pronounced in the open Court on the 18th June, 2020.