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Income Tax Appellate Tribunal, DELHI BENCH: ‘F’ NEW DELHI
Before: SHRI R. K. PANDA & MS SUCHITRA KAMBLE
ORDER PER SUCHITRA KAMBLE, JM These appeals and cross objection are filed by the respective assessee against orders passed by the Commissioner of Income Tax (Appeals)- XXVI, New Delhi.
At the outset, it was brought to our notice that the tax effect involved in Revenue’s appeals being and ITA No. 2600/D/2016 as well as 2609/D/2016 for respective Assessment Years were dismissed vide orders dated 04.10.2019 and 18.09.2019 by the Tribunal on the ground of low tax effect in respect of appeals being less than Rs. 50 lacs, which squarely falls within the ambit of Circular No. 17/2019 dated 08.08.2019 issued by the Central Board of Direct Taxes prescribing the tax effect for preferring appeals before Tribunal by the revenue and subsequent clarification issued by CBDT on 20th August, 2019.
The Ld. AR submitted that these cross objections and appeals are against the appeals filed by the Revenue therefore, does not survive as the main appeals filed by the Revenue are dismissed for low tax effect. Therefore, the cross objection and the appeals filed by the respective assessees becomes infructuous, hence dismissed.
In the result, appeals and cross objection of the assessees are dismissed.
Order pronounced in the Open Court on 18th February, 2020.