Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI ‘A’ BENCH,
Before: SH. H. S. SIDHU & SHRI N.K. BILLAIYA
This appeal by the revenue is preferred the order of the CIT(A)-I, New Delhi dated 10.10.2016 pertaining to A.Y.2012-13. 2. A perusal of the grievance of the revenue shows that the tax effect would be less than Rs.50 lacs and hence this appeal has to be dismissed in the light of the CBDT Circular No.17.2019 dated 08.08.2019.
Needless to mention the revenue may approach the Tribunal should it feel that the said circular does not apply to this appeal.
Cross Objection No. 30/Del/2017(A.Y.2012-13)
Cross objection dismissed as withdrawn.
In the result, the appeal filed by the revenue and cross objection filed by the assessee is dismissed.
Order pronounced in the open court on 27.02.2020.