INCOME TAX OFFICER, WARD-2, VIJAYAPURA vs SHRI SHIVAJI MAHARAJ CREDIT CO-OP SOCIETY LTD, VIJAYAPURA

Income Tax Appellate Tribunal, BANGALORE BENCH ‘ A ’

Before: SHRI JASON P BOAZ & SHRI LALIET KUMAR

For Appellant: Shri Siddappaji, R N Addl. CIT (D.R)

Per Shri Jason P Boaz, A.M. : The above listed appeals at the instance of the Revenue are directed against the respective impugned orders passed by the respective learned Commissioner of Income Tax (Appeals), Belgavi dt.5.12.2017 for Assessment Year 2011-12 to 2013-14. disputed by the Revenue is less than the monetary limit of Rs.20 lakhs fixed by the CBDT in Circular NO.03/2018, dt.11.07.2018, which is in supersession of its Circular NO.21/2015 dt.10.12.2015, in relation to filing of appeals before the Income Tax Appellate Tribunal. Taking into consideration the above, and also the fact that the CBDT Circular under reference applies retrospectively even to pending appeals, we hold that the above listed appeals filed by the Revenue are not maintainable and liable to be dismissed in limine.

In the result, the appeals of the Revenue for Assessment Years 2011-12 to 2013-14 are dismissed. Registry is directed to inform the parties accordingly.

Order pronounced in the open court on the 28th day of Sept.,2018.

INCOME TAX OFFICER, WARD-2, VIJAYAPURA vs. SHRI SHIVAJI MAHARAJ CREDIT CO-OP SOCIETY LTD, VIJAYAPURA