ITO WARD - 14(4), NEW DELHI vs. KRISHAN KRIPA COMPUTERS INDUSTRIES PVT LTD, NEW DELHI
Income Tax Appellate Tribunal, DELHI BENCH “D”: NEW DELHI
Before: SHRI MAHAVIR SINGH & SHRI M. BALAGANESHDCIT, Circle-14(2), New Delhi Vs. M/s. Krishan Kirpa Computer Industries Pvt. Ltd, Flat No. GF, Shaialik Geetanjali, New Delhi (Appellant)
PER M. Balaganesh, AM 1. The appeal in ITA No. 5374/Del/2019 for AY 2014-05, arises out of the order of the Commissioner of Income Tax (Appeals)-5, New Delhi [hereinafter referred to as ‘ld. CIT(A)’, in short] in Appeal No. DEL/cit(a)-5/0595/2016-17 DATED 22.03.2019 against the order of assessment passed u/s 143(3) of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’) dated 28.12.2016 by the Assessing Officer, ITO, Ward-14(4), Delhi (hereinafter referred to as ‘ld. AO’). 2. This appeal was originally disposed of by this Tribunal in ITA No. 5374/Del/2019 wherein it was dismissed on the ground of low tax effect by M/s. Krishan Kirpa Computer Industries Pvt. Ltd
Page 2 of 3
applying the CBDT circular. Later a miscellaneous application was preferred by the revenue which was disposed of by this Tribunal in ITA No. 245/Del/2020
dated 11.04.2025 accepting the contentions raised by the revenue in its MA.
Admittedly , the case does not fall under any of the exceptions provided in the CBDT Circular No. 9/2024 dated 17.09.2024 read with CBDT Circular No.
17/2019 dated 08.08.2019. In the recent circular of CBDT dated 17.09.2024
referred supra, the monetary limit of tax has been increased to Rs. 60 lacs from 50 lacs and hence the appeal of the revenue deserves to be dismissed on the ground of low tax effect by applying the CBDT Circular 9/2024 dated 17.09.2024. Hence, grounds raised of the revenue are dismissed.
3. In the result, the appeal of the revenue is dismissed.
Order pronounced in the open court on 11/04/2025. - - (MAHAVIR SINGH)
ACCOUNTANT MEMBER
Dated: 11/04/2025
A K Keot