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Income Tax Appellate Tribunal, IN THE INCOME TAX APPELLATE TRIBUNAL
Before: SHRI & AND & SHRI SUDHANSHU SRIVASTAVA SHRI SUDHANSHU SRIVASTAVASHRI SUDHANSHU SRIVASTAVA SHRI SUDHANSHU SRIVASTAVA
PER G.D. AGRAWAL, PER G.D. AGRAWAL, VICE PER G.D. AGRAWAL, PER G.D. AGRAWAL, VICE VICE PRESIDENT VICE PRESIDENT PRESIDENT :- PRESIDENT
This appeal by the Revenue for the assessment year 2011-12 is directed against the order of learned CIT(A), Dehradun dated 22nd July, 2015.
We find that the assessee filed the return declaring nil income. The Assessing Officer made the addition of 64,26,645/- by disallowing the payment made to MARCPL. On appeal, learned CIT(A) allowed the same. The Revenue is in appeal against the relief allowed by the learned CIT(A). Thus, the total disputed addition before the ITAT is `64,26,645/-, on which the tax effect would be less than `20 lakhs. The CBDT in its Circular No.3/2018 dated 11th July, 2018 has revised the monetary limit for filing of the departmental appeals to the ITAT at `20 lakhs. Learned Senior DR agreed with the same.
2 ITA-5614/Del/2015
In view of the above position, we deem it proper to dismiss the appeal of the Revenue in the light of the Circular No.3/2018 of CBDT dated 11th July, 2018.
In the result, the appeal of the Revenue is dismissed Decision pronounced in the open Court on 11.01.2019.