DCIT, CENTRAL CIRCLE- II, FARIDABAD vs. KALAKRITI BUILDERS PVT. LTD., FARIDABAD

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ITA 3350/DEL/2018Status: DisposedITAT Delhi30 July 2021AY 2008-093 pages

In favour of the assessee: the Revenue's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The Tribunal dismissed the Revenue's appeal. This decision was based on the CBDT's circular which mandates withdrawal of appeals with a tax effect below a certain monetary limit.

What were the facts?

The Revenue filed an appeal before the ITAT for the assessment year 2008-09. The Revenue later requested withdrawal of the appeal as the tax effect was below the monetary limit prescribed by CBDT circular.

What were the issues?

Whether the appeal filed by the Revenue is maintainable given the CBDT's monetary limit for filing appeals.

Which sections of the Income-tax Act were involved?

Section 253

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, DELHI BENCH ‘A’: NEW DELHI

Before: SHRI G.S. PANNU & SHRI AMIT SHUKLA

Hearing: 30.07.2021Pronounced: 30.07.2021

ORDER

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