DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-II, NOIDA vs. PACIFIC MINING PRODUCTS PVT. LTD., DELHI
Income Tax Appellate Tribunal, DELHI BENCH ‘F’, NEW DELHI
Before: SH. SHAMIM YAHYA & SH. SUDHIR KUMARAssessment Year: 2015-16
PER SUDHIR KUMAR, JUDICIAL MEMBER:
This appeal is preferred by the revenue is against the order 05.03.2024 of the Commissioner of Income
Tax (Appeal)-3, Noida [hereinafter referred to as “CIT(A))”] arising out of the order 18.08.2017 passed
Assessing Officer under section 144 of the Income Tax
2
Act, 1961 [herein after, the Act] for the assessment year
2015-16. 2. Ld. DR submitted that the Ld. CIT(A) has granted the relief on the ground that the substantive addition has been upheld in the hands of Sh. Ashish Garg without appreciating the fact that the fate of the substantive addition has not attained finality. We have heard the ld.
Sr, DR and perused the material available on record.
None is present for assessee.
3. The grievance of the Revenue shows that the tax effect would be less than Rs.60 lacs, therefore, the present appeal filed by the Revenue is not admissible in the light of the CBDT Circular No.09 of 2024 dated
17/09/2024. The appeal is accordingly dismissed.
4. In the result, the appeal filed by the revenue is accordingly dismissed.
Order pronounced in the open court on 22.04.2025. (SHAMIM YAHYA)
JUDICIAL MEMBER
Date:22 .04.2025
Neha, Sr. PS