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Income Tax Appellate Tribunal, DELHI BENCH “SMC”, NEW DELHI
Before: SHRI R. K. PANDA
Department by : Shri Atiq Ahmed, Sr.DR Assessee by : None : 01-08-2018 Date of hearing 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 17.11.2017 of CIT(A)- 1, Gurgaon relating to assessment year 2014-15.
None appeared on behalf of the assessee at the time of hearing. However, considering the low tax effect involved in the grounds raised
by the Revenue, the appeal is being decided on the basis of material available on record and after hearing the ld. DR.
3. The ld. DR fairly conceded that the tax effect involved in the grounds raised by the Revenue is admittedly below Rs.20 lakhs. Therefore, in view of the CBDT Circular No.03/2018 [F.No.279/Misc.142/2007-ITJ (Pt)] dated 11th July, 2018 raising the monetary limits for filing of appeals by the Department before the ITAT, the appeal filed by the Revenue is not maintainable. It has also been clarified in the said Circular that pending appeals of the Department before the ITAT having monetary limits of Rs.20 lakhs will be treated as withdrawn as per para 3 of the said Circular. In view of the above, the appeal filed by the Revenue is not maintainable. Accordingly, the same is 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 01st August, 2018.