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Income Tax Appellate Tribunal, “A” BENCH, CHENNAI
Before: SHRI GEORGE MATHAN & SHRI S. JAYARAMAN
आदेश/ O R D E R
PER BENCH :
The Revenue filed these appeals against the orders of Commissioner of Income Tax (Appeals)-15, Chennai in 302 & 303/2018-19/CIT(A)-15 dated 30.05.2019 for assessment years 2012- 13, 2013-14 & 2014-15, respectively.
:-2-: 2297, 2298/Chny/2019 & CO Nos. 94, 95 & 96/Chny/2019 2. At the time of hearing, the Ld.AR submitted that the tax effect is below Rs.50 lakhs and hence the Revenue’s appeals would be covered by the CBDT Circular No.17/2019 dated 08.08.2019, fixing the monetary limit of Rs.50 lakhs. The Ld.DR on verification admitted that the tax effect involved in the respective appeal is less than Rs.50 lakhs.
On hearing both sides, we find that the tax effect in each of the case is less than Rs. 50 lakhs. The CBDT in its Circular No. 17/2019 dated 08.08.2019 instructed its officers to withdraw all the appeals pending before the ITAT where the tax effect is less than Rs. 50 lakhs.
This Tribunal is of the considered opinion that this circular of CBDT is binding on the officers of the Department. Therefore, the Revenue cannot proceed further in this appeal. Accordingly, the appeal stands dismissed.
In the result, the Revenue’s appeals in 2297 & 2298/Chny/2019 are dismissed and the assessee’s Cross Objections in CO Nos. 94, 95 & 96/Chny/2019 are dismissed as withdrawn.
:-3-: 2297, 2298/Chny/2019 & CO Nos. 94, 95 & 96/Chny/2019
Order pronounced on Wednesday, 04th March, 2020 at Chennai.