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Income Tax Appellate Tribunal, DELHI ‘F’ BENCH,
Before: MS. SUSHMA CHOWLA & BEFORE SHRI N.K. BILLAIYA,
PER N.K. BILLAIYA, ACCOUNTANT MEMBER,
This appeal by the Revenue is preferred against the order of the Ld. CIT(A)-2 Guntur dated 25.1.2017 New Delhi, pertaining to A.Y. 2006-07.
The Revenue has raised three substantive grounds of appeal and a perusal of the quantum involved in the grounds of appeal shows that the tax effect is less than the monetary limit fixed by the CBDT with its Circular No. 17/2019 dated 8.8.2019. Further the CBDT vide letter dated 20.8.2019 addressed to all the Principal Chief Commissioners of Income Tax has clarified that Circular No. 17/2019 is applicable to pending appeals.
In the light of the above, this appeal by the Revenue is dismissed. The order is pronounced in the open court on 26/08/2019.