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Income Tax Appellate Tribunal, DELHI BENCH “F” DELHI
Before: SHRI SAKTIJIT DEY & SHRI PRADIP KUMAR KEDIA
PER PRADIP KUMAR KEDIA, A.M.: The captioned appeal has been filed at the instance of the Revenue against the order of the Commissioner of Income Tax (Appeals)-IX, New Delhi dated 31.01.2019 passed under Section 143(3) of the Income Tax Act, 1961 (the Act).
Before us, ld. counsel for the assessee submitted that the total disputed amount which is below the monetary prescribed limit of Rs.50 lac as per CBDT Circular No.17/2019 dated 08.08.2019, appeal of the Revenue are not maintainable.
Further CBDT vide clarification dated 20.08.2019 has clarified that the aforesaid circular will apply to all pending appeals also.
Accordingly, the captioned appeal of the Revenue is dismissed as non maintainable as the tax effect is below Rs.50 lakhs.
In the result, the captioned appeal filed by the Revenue is dismissed. Order was pronounced in the open Court on 11/05/2022.