ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(2), BENGALURU vs M/S. MHM HOLDINGS PVT LTD, BENGALURU

Income Tax Appellate Tribunal, BANGALORE BENCHES : “B”, BANGALORE

Before: SHRI B.R.BASKARAN & SHRI BEENA PILLAI, JUDICAL MEMBER

For Appellant: Smt. Soumya, K. Advocate

For Respondent: Smt. Soumya, K. Advocate

PER SMT. BEENA PILLAI, JUDICIAL MEMBER This appeal has been filed by Revenue against order of Ld.CIT(A)-4, Bangalore dated 27.10.2017 for Assessment Year 2010-11. 2. We have considered rival submissions by both sides.

ITA No.115(B)/2018 2 3. As per latest notification issued by CBDT, no appeal is to be filed before Tribunal, if tax effect is below Rs.50.00 Lakhs and since in present case, tax effect of alleged issue is below Rs.50.00 Lakhs, appeal of revenue is not maintainable due to low tax. This is by now settled position of law that CBDT instruction is applicable to pending appeals. Hence, we dismiss the Revenue’s appeal on non- maintainability due to low tax effect. 4. In the result, appeal filed by revenue is dismissed. Order pronounced in the open court on 10-10-2019. Sd/- Sd/- (B.R.BASKARAN) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated: 10-10-2019 *am Copy of the Order forwarded to: 1.Appellant; 2.Respondent; 3.CIT; 4.CIT(A); 5. DR 6. ITO (TDS) 7.Guard File

By Order Asst. Registrar

ITA No.115(B)/2018 3

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(2), BENGALURU vs. M/S. MHM HOLDINGS PVT LTD, BENGALURU