ACIT, TRICHY vs. S. GANAPATHY, TRICHY

आदेश / O R D E R PER BENCH

These are appeals filed by the Revenue directed against different orders of the Learned Commissioner of Income Tax (Appeals)-19(i/c), Chennai dated 10.08.2018 for assessment years 2012-2013.

It is stated before us that the tax effect in all these cases 2. are less than Rs. 50 lakhs and therefore, the Circular No. 17/2019 dated 08.08.2019 issued by the Central Board of Direct Taxes (CBDT) in exercise of its power vested under Sec. 268A(1) of the IT Act comes into play wherein, the monetary limit for filing the appeal by the Revenue before the ITAT and various High Courts as well as Apex Court are revised with an object of the reducing the tax litigation. Vide para 3 of the said circular (supra) it is stated that in cases where the tax effect in the appeals to be filed before the Appellate Tribunal does not exceed Rs. 50 lakhs appeals should not be filed. Thus taking a note of CBDT Circular No. 17/2019, dated 08.08.2019 and considering , 93 to 95 /2018 :- 3 -: the fact that the tax effect in the instant appeals are less than Rs. 50 lakhs, the present appeals deserves to be dismissed as not pressed / not maintainable. However, we make it clear that the issues raised in the instant appeals are left open to be examined in the appropriate proceedings, if arises, in future. At the same time, we also make it clear that if the appeals fall in any of the exceptions referred to in the above said CBDT Circular, the Revenue is at liberty to move an application for recalling the order if so advised. Accordingly, in the light of CBDT circular No.17/2019 dated 08/08/2019, the appeals filed by the Revenue stand dismissed.

In the result, the appeals filed by the Revenue stand 3. dismissed. Order pronounced on 27th day of September, 2019, at Chennai.