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Income Tax Appellate Tribunal, DELHI BENCHES ‘G’, NEW DELHI
Before: Sh. Amit ShuklaDr. B. R. R. Kumar
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES ‘G’, NEW DELHI Before Sh. Amit Shukla, Judicial Member Dr. B. R. R. Kumar, Accountant Member : Asstt. Year : 1998-99 ITA No. 3613/Del/2013 : Asstt. Year : 1997-98 Income Tax Officer, Vs M/s Steel Authority of India Ltd., 4th Floor, Ispat Bhawan, TDS Ward-2(2), International Taxation, New Delhi Lodi Road, New Delhi-110003 (APPELLANT) (RESPONDENT) PAN No. AAACS7062F Assessee by : Sh. M. P. Rastogi, Adv. Revenue by : Sh. N. K. Bansal, Sr. DR Date of Hearing: 27.08.2019 Date of Pronouncement: 28.08.2019 ORDER Per Bench :
The present appeals have been filed by the Revenue against the order of the ld. CIT(A)-XXV, New Delhi each dated 19.03.2013.
According to Circular No. 17/2019 dated 08/08/2019, the CBDT in supersession of earlier instructions has directed that department’s appeals before ITAT shall not be filed in cases where the tax effect does not exceed the monetary limit of Rs. 50 lacs. The tax will not include any interest thereon. It is further clarified that even if in the case of an assessee, disputed issues arise in more than one assessment year, appeal cannot be filed in respect of such assessment year or years in & 3613/Del/2013 2 Steel Authority of India Ltd. which the tax effect in respect of disputed issues exceeds the monetary limit so specified.
Admittedly, in the departmental appeal, the tax effect is less than Rs. 50 lacs, therefore, departmental appeal is not maintainable. The Ld. DR could not bring to our notice any exceptions mentioned in the said Circular.
In the result, the appeals of the Revenue are dismissed. (Order Pronounced in the Open Court on 28/08/2019).