INCOME TAX OFFICER-22(1)(6), MUMBAI vs. GAJADHARPRASAD NATHAI PAL, MUMBAI

IN THE INCOME TAX APPELLATE TRIBUNAL, ‘G’ BENCH
MUMBAI

BEFORE: SHRI NARENDRA KUMAR BILLAIYA, ACCOUNTANT
MEMBER
&

SHRI SUNIL KUMAR SINGH, JUDICIAL MEMBER
Income Tax Officer-
22(1)(6)
Worli-400030. PAN/GIR No. ANJPP7729H
(Appellant)
..
(Respondent)

Assessee by None
Revenue by Shri. Bhangepatil Pushkaraj
Ramesh – Sr. DR
Date of Hearing
09/01/2025
Date of Pronouncement
13/01/2025

आदेश / O R D E R

PER SUNIL KUMAR SINGH (J.M): 1. This appeal has been preferred against the impugned order dated 23.09.2024 passed in Appeal no. NFAC/2016- 17/10301020 by the Ld. Commissioner of Income–tax(Appeals)/ National Faceless Appeal Centre (NFAC) u/s. 250 of the Income- Tax Act, 1961 for the Assessment year [A.Y.] 2017-18, wherein learned CIT(A) has partly allowed assessee’s appeal. Gajadharprasad Nathai Pal

2
2. At the very outset, we notice that the total amount disputed in this revenue’s appeal is Rs. 79,92,500/-. The tax effect, though shown as Zero in form-36. However, the tax effect shall be less than the monetary limit of Rs. 60,00,000/- prescribed by the relevant CBDT circular. Learned DR could not convince the Tribunal as to how the subject matter falls under any exception of relevant CBDT circular letter. In such circumstances, revenue’s appeal stands dismissed as infructuous. The revenue is however at liberty to get the matter re-opened if it could convince the Tribunal that the subject matter of this appeal falls under any of the exceptions mentioned in the relevant circular letter issued by CBDT.
Order pronounced in open court on 13.01.2025. (NARENDRA KUMAR BILLAIYA) (SUNIL KUMAR SINGH)
ACCOUNTANT MEMBER
JUDICIAL MEMBER
Mumbai; Dated 13/01/2025
Anandi Nambi, Steno
Copy of the Order forwarded to:

BY ORDER,

(Asstt.