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Income Tax Appellate Tribunal, IN THE INCOME TAX APPELLATE TRIBUNAL
Before: SHRI G.S. PANNUSHRI G.S. PANNU & AND BEFORE SHRI G.S. PANNUSHRI G.S. PANNU
ORDER ORDER ORDER ORDER
This appeal by the Revenue for the assessment year 2012-13 is directed against the order of learned CIT(A), Muzaffarnagar dated 02.03.2017.
At the time of hearing before us, it was submitted by the learned counsel for the assessee that the tax effect in this appeal by the Revenue is below Rs.50 Lakhs. The CBDT in its Circular No.17/2019 dated 8th August, 2019 has revised the monetary limit for filing of the departmental appeals to the ITAT at Rs. 50 Lakhs.
Learned Senior DR agreed with the same.
2 ITA-2959/Del/2017
In view of the above position, we deem it proper to dismiss the appeal of the Revenue in the light of the Circular No.17/2019 of CBDT dated 8th August, 2019.
In the result, the appeal of the Revenue is dismissed.
Decision pronounced in the open Court on 25th November, 2020.