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Income Tax Appellate Tribunal, DELHI BENCH “B”, NEW DELHI
Before: SHRI R. K. PANDA & SMT. BEENA A. PILLAI
Department by : Smt. Deepali Chandra, CIT-DR Assessee by : Shri V. Raja Kumar, Adv. Date of hearing : 01-08-2018 Date of pronouncement : 01-08-2018 O R D E R
PER R. K. PANDA, AM :
This appeal filed by the Revenue is directed against the order dated 23.02.2015 of the CIT(A), Dehradun relating to assessment year 2010-11.
The ld. counsel for the assessee at the outset submitted that the tax effect involved in the grounds raised
by the Revenue is below Rs.20 lakhs. Therefore, in view of the latest CBDT Circular No.03/2018 [F.No.279/Misc.142/2007-ITJ (Pt)] dated 11th July, 2018, the appeal filed by the Revenue is not maintainable.
3. The ld. DR on the other hand fairly conceded that the tax effect involved in the grounds raised by the Revenue is admittedly below Rs.20 lakhs.
We have heard the rival submissions made by both the sides. It is an admitted fact that the tax effect involved in the grounds raised by the Revenue is less than Rs.20 lakhs. Therefore, in view of the latest CBDT Circular cited (supra) raising the monetary limits for filing of the appeals before the Tribunal which is applicable even to pending appeals, the appeals filed by the Revenue are dismissed.
In the result, the appeal filed by the Revenue is dismissed.
Order pronounced in the open Court at the time of hearing itself i.e. on this 01st August, 2018.