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Income Tax Appellate Tribunal, DELHI BENCH: ‘A’, NEW DELHI
Before: SHRI AMIT SHUKLA & SHRI O.P. KANT
Date of hearing 30.07.2018 Date of pronouncement 30.07.2018 ORDER PER O.P. KANT, A.M.: The present appeal by the Revenue is directed against the order of Commissioner of Income Tax (Appeals)-7, Delhi, dated 28.01.2015 in relation to assessment year 2010-11.
None present for the assessee. We have heard learned Departmental Representative and perused the relevant material on record. It is noticed that the CBDT has issued Circular No. 03 of 2018, dated 11th July, 2018 with retrospective effect, revising the monetary limit to Rs.20,00,000/- for not filing appeals before the Tribunal. Learned DR could not controvert the fact that tax effect involved in the appeal is less than Rs.20,00,000/-.
From the above Circular, it is palpable that the Instruction is applicable to the pending appeals also with retrospective effect and there is a clear-cut direction to the Department to withdraw or not press such appeals filed before the ITAT, wherein tax effect is less than Rs.20,00,000/-. Going by the prescription of the afore-noted Circular, we are of the view that the Revenue should have either not filed the instant appeal before the Tribunal or withdrawn the same as the tax effect in this appeal is admittedly less than the prescribed limit, i.e., Rs. 20,00,000/- for not filing the appeal. Accordingly, we dismiss the instant appeal without going into merits of the case. However, the Department is at liberty to file the Miscellaneous Application, if the tax effect is found to be more than the prescribed limited of Rs.20,00,000/- or otherwise. Accordingly, the appeal of the Revenue stands dismissed.
In the result, appeal of the Revenue is dismissed.
The decision is pronounced in the open court on 30th July, 2018.