DCIT, NEW DELHI vs M/S. R.M. ENTERTAINMENT, NEW DELHI

Income Tax Appellate Tribunal, DELHI BENCH “E” NEW DELHI

Before: SHRI AMIT SHUKLA & SHRI L.P. SAHU

For Appellant: Shri Shailesh Kumar, Sr.D.R

For Respondent: Shri Sant Kapoor, Adv

PER AMIT SHUKLA, J.M.: The aforesaid appeal has been filed by the Revenue against the impugned order dated 25.05.2015 passed by the Commissioner of Income Tax (Appeals)-XXX, New Delhi.

Here in this appeal of the Revenue, the amount in dispute is Rs.40,66,923/- on which tax effect is much below the new prescribed monetary limit for filing of appeal by the Department before the ITAT of Rs.20 lac vide CBDT Circular No.03/2008 [F.No.279/Misc.142/2007-ITJ (Pt)] dated 11th July, 2018. Accordingly, the appeal of the Revenue is dismissed as non maintainable because of low tax effect.

In the result, the appeal filed by the Revenue is dismissed.

Order pronounced in the open Court on 26th November, 2018.

DCIT, NEW DELHI vs. M/S. R.M. ENTERTAINMENT, NEW DELHI