Loading judgment…
Facts
The Revenue Department preferred an appeal against an order passed by the National Faceless Appeal Center (NFAC)/Commissioner of Income Tax (Appeals). The appeal pertained to Assessment Year 2017-18.
Held
The Tribunal noted that the tax effect involved in the appeal was below the prescribed limit for filing appeals, as per a CBDT notification. Consequently, the Revenue's appeal was liable to be dismissed as withdrawn.
Key Issues
Whether the appeal filed by the Revenue is maintainable given the tax effect below the prescribed limit as per CBDT notification.
Sections Cited
250
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, MUMBAI BENCH “SMC”, MUMBAI
Before: SHRI NARENDER KUMAR CHOUDHRY
O R D E R
Per : Narender Kumar Choudhry, Judicial Member:
This appeal has been preferred by the Revenue Department against the order dated 26/07/2024, impugned herein, passed by the National Faceless Appeal Center (NFAC)/ Ld. Commissioner of Income Tax (Appeals) (in short Ld. Commissioner) u/s 250 of the Income Tax Act, 1961 (in short ‘the Act’) for the A.Y. 2017-18.
The tax effect involved in this appeal is below than the prescribed limit as prescribed by CBDT vide notification dated 17th September 2024 wherein the revenue authority is precluded from filing the appeal against the order, wherein the tax effect is below than Rs. 60 lakh. Thus, the appeal of the revenue department is liable to be dismissed as withdrawn.
Order pronounced in the open court on 08.07.2025.