ACIT, NEW DELHI vs. SH. MANOJ KUMAR PROP., GURGAON

This appeal by the Revenue is preferred against the order of the Ld. CIT(A)-20, New Delhi, dated 27/01/2016.

The substantive grievance of the Revenue read as under:- (i) In the facts and circumstances of the case, the Ld. CIT(A) has erred in reducing the addition on a/c of wages paid from Rs.42,16,362/- to Rs.25,11,087/-. (ii) In the fact and circumstances of the case, the Ld. CIT(A) has erred in deleting the addition of Rs.27,77,244/- on a/c of bonus paid.”

A perusal of the aforementioned grounds shows that the tax effect would be less than Rs.20 lakhs and therefore this appeal by the Revenue has to be dismissed in the light of the CBDT Circular No.03 of 2018. Accordingly, the appeal of the Revenue is dismissed. The order is pronounced in the open court on 02/08/2019