DCIT, C-1(1), CHANDIGARH vs. M/S RANA SUGARS LTD, CHANDIGARH

आयकरअपील सं. / ITA No. 1046/CHANDI/2018 (िनधाŊरणवषŊ / Assessment Year: 2008-09) & 2. आयकरअपील सं. / ITA No. 1047/CHANDI/2018 (िनधाŊरणवषŊ / Assessment Year: 2009-10) DCIT Circle 1(1) Chandigarh बनाम/ Vs. M/s Rana Sugars Limited SCO 49-50, Sector 8-C Chandigarh ̾थायीलेखासं./जीआइआरसं./PAN/GIR No.AABCR-6744-C (अपीलाथŎ/Appellant) : (ŮȑथŎ / Respondent) & 3. आयकरअपील सं. / ITA No. 510/CHANDI/2023 (िनधाŊरणवषŊ / Assessment Year: 2008-09) & 4. आयकरअपील सं. / ITA No. 511/CHANDI/2023 (िनधाŊरणवषŊ / Assessment Year: 2009-10) M/s Rana Sugars Limited SCO 49-50, Sector 8-C Chandigarh बनाम/ Vs. DCIT Circle 1(1) Chandigarh ̾थायीलेखासं./जीआइआरसं./PAN/GIR No.AABCR-6744-C (अपीलाथŎ/Appellant) : (ŮȑथŎ / Respondent)

The revenue is in further appeal for Assessment Years (AY) 2008-09 & 2009-10 against separate orders of learned first appellate authority. During hearing, it transpires that the revenue’s appeals are not maintainable on account of low tax effect. The tax effect in AY 2008-09 has been mentioned as Rs.58.29 Lacs whereas tax effect for AY 2009-10 has been mentioned as Rs.58.03 Lacs. The impugned orders have been passed by Ld. CIT(A) on 08-05-2018, Appeal Nos.431/10-11 and 551/11-12. This position could not be disturbed by revenue. Accordingly, the revenue’s appeals are not maintainable on account of low tax effect Circular No. 5 of 2024 as issued by CBDT on 15-03-2024 which prescribe monetary limit of Rs.60 Lacs before an appeal could be preferred by revenue before Tribunal. Considering the same, both the appeals stand dismissed. 2. The Ld. AR stated that the assessee’s appeals are not being pressed due to smallness of amounts or due to the fact that the issues as contained therein have become revenue neutral. Accordingly, both these appeals stand dismissed as not pressed. 3. All the appeals stand dismissed. Order pronounced on 20-05-2025. (LALIET KUMAR) (MANOJ KUMAR AGGARWAL) JUDICIAL MEMBER लेखा सद˟ /ACCOUNTANT MEMBER