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Income Tax Appellate Tribunal, “E” Bench, Mumbai
Before: Shri Shamim Yahya & Shri Ravish Sood
O R D E R
PER RAVISH SOOD, JM
The captioned appeal filed by the Revenue is directed against the order passed by the CIT(A)-10, Mumbai, dated 23.03.2018, which in turn arises from the assessment order passed by the A.O under Sec.143(3) of the Income Tax Act, 1961 (for short ‘Act’), dated 16.11.2016.
We find that the ‘tax effect’ involved in the present appeal filed by the revenue is less than Rs.50 lacs. On the basis of the aforesaid fact, the appeal filed by the revenue as per the monetary limits revised by the CBDT vide its Circular No. 17/2019, dated 08.08.2019 for filing of appeals before the Tribunal, is found to be not maintainable.