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Income Tax Appellate Tribunal, “A”
Before: SHRI MAHAVIR PRASAD, JM & SHRI S. RIFAUR RAHMAN, AM
Aatur Holdings Pvt. Ltd. DCIT CC 4(3), Cen 32 Madhuli, Dr. A. B. Range-4, PCIT (C) – 2, Road, Worli, बिधम/ Room No. 1921, 19th Mumbai – 400 018 floor, AIR India Bldg, Vs. Nariman Point, Mumbai-400 021 स्थायीलेखासं./जीआइआरसं./PAN No. AABCA1472C (अपीलाथी/Appellant) (प्रत्यथी / Respondent) : अपीलाथीकीओरसे/ Appellant : Shri P. Daniel, DR by प्रत्यथीकीओरसे/Respondentby : Shri Dhaval Shah, AR सुनवाईकीतारीख/ : 05.11.2019 Date of Hearing घोषणाकीतारीख / : 07.11.2019 Date of Pronouncement आदेश / O R D E R
Per S. Rifaur Rahman, Accountant Member:
The present Appeal has been filed by the revenue against the order of Ld. Commissioner of Income Tax (Appeals) - 52 in Aatur Holdings Pvt. Ltd short referred as ‘Ld. CIT(A)’, Mumbai, dated 17.09.18 for Assessment Year (in short AY) 2013-14.
At the outset, we notice that the tax effect of the relief granted by the Ld. Commissioner of Income Tax (Appeals) is below Rs. 50 lacs and as per Circular No.17 of 2019 dated 08.08.2019 issued by the Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, Government of India, the CBDT has revised the monetary limit for filing appeals before the ITAT from the existing limit of Rs. 20 lacs to Rs. 50 lacs.
The Ld. Departmental Representative (DR) fairly conceded that this appeal is not maintainable in light of the aforesaid circular issued by the CBDT. The Ld. DR also did not point out that this appeal falls in any of the exceptions carved out in the above said circular.
We have gone through the order of the Ld. Commissioner of Income Tax (Appeals) and the grounds of appeal
s. We find that the tax effect in the above referred appeal is less than Rs.
50. Aatur Holdings Pvt. Ltd lacs. Accordingly, we dismiss the aforesaid appeal filed by the Revenue as not maintainable/withdrawn.