DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE)-7(1), MUMBAI vs. CHOKSHI ARVIND JEWELLERS, MUMBAI
IN THE INCOME TAX APPELLATE TRIBUNAL
MUMBAI “C” BENCH, MUMBAI
BEFORE SHRI NARENDER KUMAR CHOUDHRY, JM
AND SHRI PRABHASH SHANKAR, AM
आयकर अपील सं./ITA No.6771/MUM/2024
(निर्धारण वर्ा / Assessment Year :2020-2021)
DCIT, Central Circle-7(1),
Mumbai-400002
स्थायी लेखा सं./PAN No. : AAAFC 5264 E
(अपीलार्थी /Appellant)
..
(प्रत्यर्थी / Respondent)
निर्ाारिती की ओर से /Assessee by : Ms. Sruti Kalyanikar, AR
राजस्व की ओर से /Revenue by : Shri Mahesh Pamnani, Sr.DR
सुनवाई की तारीख / Date of Hearing
: 13/02/2025
घोषणा की तारीख/Date of Pronouncement
: 24/02/2025
आदेश / O R D E R
PER NARENDER KUMAR CHOUDHRY, JM:
This appeal has been preferred by the revenue against the order dated 23.10.2024, impugned herein, passed by the National Faceless
Appeal Center (NFAC)/ Ld. Commissioner of Income Tax (Appeals) (in 2
short Ld. Commissioner) under section 250 of the Income Tax Act,
1961 (in short ‘the Act’) for the A.Y. 2020-2021. 2. Admittedly, the tax effect involved in the instant case is below than the prescribed limit, as prescribed in the latest CBDT Circular
No.09/2024, dated 17th September, 2024, whereby the department is precluded from filing the appeals against the orders passed by the ld.
Commissioner involving the tax effect below than the prescribed limit of Rs. 60,00,000/-. hence, the appeal filed by the revenue/department is dismissed as withdrawn, however, with liberty to the Revenue to seek recalling of this order, by substantiating any plausible reason/document contrary.
In the result, appeal of the revenue stands dismissed with liberty, as mentioned above.
Order pronounced in the open court on 24/02/2025. (PRABHASH SHANKAR) (NARENDER KUMAR CHOUDHRY)
लेखा सदस्य / ACCOUNTANT MEMBER न्यायिक सदस्य / JUDICIAL MEMBER
म ुंबई/Mumbai; दिनांक Dated 24/02/2025
आदेश की प्रनिलिपि अग्रेपर्ि/Copy of the Order forwarded to :
अपीलार्थी / The Appellant- 2. प्रत्यर्थी / The Respondent- 3. आयकि आयुक्त(अपील) / The CIT(A), 4. आयकर आयुक्त / CIT 5. निभागीय प्रनतनिनर्, आयकि अपीलीय अनर्किण, म ुंबई / DR, ITAT, Mumbai 6. गार्ड फाईल / Guard file. सत्यापपत प्रतत //// 3
आदेशधिुसधर/ BY ORDER,
(