Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI ‘B’ BENCH,
Before: SHRI N.K. BILLAIYA & SHRI SUDHANSHU SRIVASTAVA
PER N.K. BILLAIYA, ACCOUNTANT MEMBER:
These appeals by the Revenue are preferred against the order of the Commissioner of Income Tax [Appeals]-29, New Delhi dated 08.12.2017 pertaining to assessment year 2013-14 and 2014-15.
A perusal of the grievance of the revenue shows that the tax effect would be less than Rs. 50 lakhs, therefore, this appeal is not maintainable as per CBDT Circular No. 17/2019 dated 08.08.2019.
This appeal is, accordingly, dismissed with liberty to the revenue to approach the Tribunal as per the provisions of law, should it feel that the tax effect is more than Rs. 50 lakhs.
In the result, the appeals of the Revenue in & 1421/DEL/2018 are dismissed.
Decision has been announced in the open court in presence of representatives of the both sides.
The order is pronounced in the open court on 02.12.2020.