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Income Tax Appellate Tribunal, DELHI ‘D’ BENCH,
Before: SHRI N.K. BILLAIYA, & SHRI SUDHANSHU SRIVASTAVA
PER N.K. BILLAIYA, ACCOUNTANT MEMBER,
This appeal by the Revenue is preferred against the order of the ld. CIT(A) – 3, New Delhi dated 12.11.2009 pertaining to Assessment Year 2005-06.
At the very outset, ld. DR pointed out that the tax effect in the present appeal would be less than Rs. 50 lakhs.
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.
On such concession, 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 appeal of the Revenue in is dismissed.
The order is pronounced in the open court on 11.11.2020.