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Income Tax Appellate Tribunal, DELHI BENCH: ‘B’ NEW DELHI
Before: MS. SUSHMA CHOWLA & SHRI B.R.R. KUMAR
आदेश आदेश / ORDER आदेश आदेश
PER SUSHMA CHOWLA, JM: All these four appeals filed by Revenue are against the separate orders of CIT(A)-I, New Delhi, dated 17.11.2014, 17.11.2014, 06.12.2012 & 06.12.2012 relating to Assessment Years 2007-08, 2008-09, 2009-10 & 2007-08 against the order passed under section 271(1)(c) & u/s 143(3) of the Income-tax Act, 1961 (in short ‘the Act’) respectively.
The Ld. DR for the Revenue pointed out that these appeals are to be withdrawn as the tax effect involved in the cases is below Rs.50 Lacs.
The CBDT vide Circular No.17/2019 dated 08.08.2019 has revised the monetary limit for filing the appeals before the Tribunal to Rs.50 Lacs. Further, CBDT vide letter dated 20.08.2019 has also clarified that Circular No.17/2019 would be applicable to all pending appeals. In such circumstances, all these appeals filed by the Revenue in case of low tax effect are not maintainable.
Before parting, we clarify here that the Revenue shall be at liberty to approach the Tribunal for re-institution of appeals, if the requisite material is brought to show that the appeals are protected by the exceptions prescribed in para 10 of the Circular dated 11.07.2018.
आयकर अपील सं. / ITA No:- 416 & 417/Del/2015 & 1273 & 1274/Del/2013
In conclusion, by applying the CBDT Circular dated 08.08.2019 and letter dated 20.08.2019 (supra), the captioned appeals of the Revenue are dismissed as withdrawn/not pressed.
In the result, these four appeals filed by the Revenue are dismissed. Order pronounced in the open court on 03rd day of October, 2019.