Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI BENCH ‘E’, NEW DELHI
Before: SH. N. K. BILLAIYA & SH.YOGESH KUMAR US
This appeal filed by the revenue is preferred against the order of the CIT(A)-37, New Delhi dated 14.02.2020 for A.Y. 2015-16.
The grievance of the revenue read as under :-
A perusal of the aforementioned ground show that the tax effect in the quarrel is less than Rs. 50 lakhs, therefore, this appeal has to be dismissed in the light of the CBDT Circular No. 17/2019 dated 08.08.2019.
This appeal is, accordingly, dismissed with liberty to the revenue to approach the Tribunal as per the provisions of law, should it feel that the tax effect is more than Rs. 50 lakhs.
In the result, the appeal filed by the revenue is dismissed.
The order is pronounced in the open court on 02.08.2022.