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Income Tax Appellate Tribunal, DELHI BENCH: ‘C’ NEW DELHI
आदेश / ORDER आदेश आदेश आदेश
PER SUSHMA CHOWLA, JM:
The present appeals filed by Revenue are against separate orders of CIT(A)-I, New Delhi, both dated 27.10.2010 relating to Assessment Years 2003-04 and 2004-05 against the order passed under section 153A/144 of the Income-tax Act, 1961 (in short ‘the Act’).
Both the appeals of Revenue were heard together and are being disposed off by this consolidated order for the sake of convenience.
आयकर अपील सं. / 355 & 356/Del/2011 The Ld. DR for the Revenue pointed out that the present appeals are to be withdrawn as the tax effect involved in the cases are below Rs.50 Lacs.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, the present 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 appeal is protected by the exceptions prescribed in para 10 of the Circular dated 11.07.2018.
In conclusion, by applying the CBDT Circular dated 08.08.2019 and letter dated 20.08.2019 (supra), both the captioned appeals of the Revenue are dismissed as withdrawn/not pressed.
In the result, both the appeals filed by the Revenue are dismissed.
Order pronounced in the open court on 12th day of December, 2019.
Sd/- Sd/- (N.K. BILLAIYA) (SUSHMA CHOWLA) लेखा सदःय लेखा सदःय/ACCOUNTANT MEMBER �याियक सदःय लेखा सदःय लेखा सदःय �याियक सदःय �याियक सदःय/JUDICIAL MEMBER �याियक सदःय �द�ली / �दनांक Dated : 12th December, 2019 �द�ली �द�ली �द�ली SH
आयकर अपील सं. / 355 & 356/Del/2011