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Income Tax Appellate Tribunal, DELHI BENCH “G” NEW DELHI
Before: SHRI BHAVNESH SAINI & SHRI B.R.R. KUMAR
आदेश /O R D E R PER BHAVNESH SAINI, J.M.
This appeal by Revenue has been directed against the order of Ld. CIT(Appeals)-XXXI, New Delhi dated 29.06.2014 for AY 2009-10.
Admittedly, the tax effect in the departmental appeal is less than Rs. 50 lakhs. Vide Circular No. 17/2019 dated 08.08.2019 issued by CBDT u/s 268A of the Act, it has been directed that the Department shall not file appeal before the Tribunal in case where the tax effect does not exceed the monetary limit of Rs. 50 lakhs. It is also directed that this Instruction will apply retrospectively to the pending appeals and appeals
I.T.A.No.5063/Del/2014 to be filed henceforth in the Tribunal. Pending appeals below this specified tax limit may be withdrawn/not pressed.
Ld. DR in view of the above did not press the Departmental appeal. In view of the above, the Departmental appeal stands dismissed as withdrawn/not pressed.
Order pronounced in the open court on 08/03/2021