INCOME TAX OFFICER, BANGALORE vs. M/S ZYGO BONSAI PVT.LTD.,, BANGALORE

This appeal is by the revenue against the order dated 28.09.2016 of the CIT(Appeals)-7, Bengaluru for the assessment year 2012-13.

Admittedly, the tax effect in this appeal by the revenue is less than Rs.50 lakhs. In view of the CBDT in Circular No.17/2019, dated 08.08.2019, the revenue cannot file appeals before the Tribunal where the tax effect is less than Rs.50 lakhs. Since the tax effect in the present appeal is less than Rs.50 lakhs, this appeal of the revenue is liable to be dismissed as not maintainable. Accordingly, the appeal of the revenue is dismissed.