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Income Tax Appellate Tribunal, DELHI BENCHES: ‘C’, NEW DELHI
Dy.CIT, Circle 23(1) vs. M/s Shriram Pistons & Rings Room No.248, C.R.Building Ltd. IP Estate 23, Kasturba Gandhi Marg New Delhi 110 002 New Delhi 110 001 PAN: AAACS0229G (Appellant) (Respondent) Department by : Sh. Amit Katoch, Sr. D.R. Assessee by : Sh. R.K.Kapoor, Adv. Date of Hearing : 27/11/2018 Date of Pronouncement: 27/11/2018 ORDER
PER BEENA A PILLAI, JUDICIAL MEMBER
The appeal is filed by Revenue against order dated 16.06.2015 of Ld.Pr.CIT(OSD) (A)-8, New Delhi pertaining to A.Y. 2012-13. Admittedly the tax effect in the present appeal is less than Rs.20 lakhs.
In terms of CBDT Circular No. 03 of 2018, dated 11th July, 2018 read with S.268A of the Income Tax Act, 1961, the Revenue should have either not filed the present appeal, or should have withdrawn the same, as tax effect in this appeal is admittedly less than Rs. 20,00,000/-. 3. In view of the above, the appeal filed by Revenue is dismissed. 4. In the result, appeal filed by Revenue is dismissed. Order pronounced in the Open Court on 27th November, 2018. Sd/- Sd/- ( N.K. SAINI) (BEENA A PILLAI) VICE PRESIDENT JUDICIAL MEMBER Dt. 27TH November, 2018 *GMV