Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, “G” BENCH, MUMBAI
Before: SHRI PRAMOD KUMAR & SHRI SAKTIJIT DEY
Date of hearing 31-03-2021 Date of pronouncement 16-04-2021 O R D E R
Per Saktijit Dey, JM:
This is an appeal by the revenue against order dated 30-04-2019 of learned Commissioner of Income-tax (Appeals)-2, Mumbai for the assessment year 2013- 14.
None appeared on behalf of the assessee when the appeal was called for hearing. However, we find that the matter could be decided on the basis of 2 ITA 4580/Mum/2019 material available on record and on hearing the learned Departmental Representative. Accordingly, the matter was heard ex parte qua the assessee.
On a query from the bench, learned Departmental Representative fairly submitted that the tax effect on the amount disputed by the revenue in the present appeal is below the monetary limit of Rs.50 lakhs. On perusal of column 10 of the Memorandum of Appeal in Form 36, it is observed that the tax effect on the amount disputed by the revenue has been mentioned as Rs.44.61 lakhs. That being the case, as per circular No.17/2019 dated 08th August, 2019, issued by the Central Board of Direct Taxes (CBDT), the present appeal of revenue is not maintainable. Accordingly, we dismiss the appeal.