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Income Tax Appellate Tribunal, DELHI BENCH ‘A’ NEW DELHI
Before: SHRI G.S. PANNU & SHRI AMIT SHUKLA
PER G.S. PANNU, VICE PRESIDENT
This appeal by the Revenue is directed against the order of learned CIT(A)-44, New Delhi and pertains to assessment year 2009-10.
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 ITA 3799/D/2017 revised the monetary limit for filing of the departmental appeals to the ITAT at Rs. 50 lakhs.
Learned Senior DR agreed with the same.
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.
Above decision was announced on conclusion of Virtual Hearing on 16th November, 2020.