ACIT CENTRAL CIRCLE 3(1), CHENNAI vs. DR. MADAN MOHAN REDDY , CHENNAI

These appeals of the Revenue are directed against the common order passed by the Commissioner of Income Tax (Appeals) -19, Chennai, dated 29.06.2018 and pertain to assessment years 2010-11 to 2016-17.

On hearing the Ld. Departmental Representative, we find that the tax effect in these cases is less than `50 lakhs. The CBDT in its Circular No.17/2019 dated 08.08.2019 increased the monetary limit for filing appeal before this Tribunal and instructed its officers to withdraw all the appeals pending before the ITAT where the tax effect is less than `50 lakhs. This Tribunal is of the considered opinion that this Circular of CBDT is binding on the officers of the Department. Therefore, the Revenue cannot proceed further in these appeals. Accordingly, these appeals stand dismissed.

In the result, all the appeals filed by the Revenue stand dismissed.