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Facts
The Revenue filed appeals against the order passed by the CIT(A). The appeals were found to be time-barred by 8 days, and an application for condonation was filed. The Tribunal condoned the delay after considering the bonafide reasons.
Held
The tax effect in both appeals was noted to be below the threshold limit of Rs. 60 lacs prescribed by the CBDT Circular. Therefore, the appeals were dismissed on the grounds of low tax effect.
Key Issues
Whether appeals can be dismissed on account of low tax effect if the tax effect is below the prescribed threshold limit.
Sections Cited
250 of The Income Tax Act, 1961
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Income Tax Appellate Tribunal, DELHI BENCH ‘A’, NEW DELHI
Before: SHRI MAHAVIR SINGH, HON’BLE & SMT RENU JAUHRI, HON’BLE
The above captioned appeals are filed by the Revenue against the order u/s 250 of The Income Tax Act, 1961 (hereinafter referred to as, “Act”), order dated 26.06.2025, passed by CIT(A), Delhi.
At the threshold, it is noted that the appeals are time-barred by 08 days. An application for condonation has been filed by the revenue. After considering the reasons stated therein, we hereby condone the delay of 8 days as the same is on account of bonafide reasons.
1 | P a g e 6356_6360_DEL_2025_ DCIT vs Rameshwar Dayal Education Trust 3. At the outset, it is noted that the tax effect involved in both these appeals is below the threshold limit of Rs. 60 lac. as prescribed by the CBDT Circular. Since the tax effect involved in A.Y.: 2013-14 is Rs. 23,80,659/- and in A.Y.: 2017-18 is Rs. 6,65,184/-, is much below the prescribed limit, both the appeals are hereby dismissed on account of low tax effect.
Order pronounced in the Open Court on 20-01-2025.