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Income Tax Appellate Tribunal, DELHI BENCH ‘G’ NEW DELHI
Before: SHRI G.D. AGRAWAL, HON’BLE & SHRI SUDHANSHU SRIVASTAVA
assessee are directed against the order passed by the Ld. CIT (Appeals)-XXVII, New Delhi dated 11.12.2014 for A.Y. 2011-12.
ITA 1735/D/2015 & CO 36/D/2016 Assessment year 2011-12
None was present on behalf of the assessee when the appeal and the CO were called out for hearing.
In admittedly, the tax effect is below the monetary limit of Rs. 20 lakhs. In terms of CBDT Circular No. 3/2018 dated 11th July, 2018 read with Section 268 A of the Income Tax Act, 1961, this appeal by the Revenue should have been withdrawn or should not have been pressed by the Revenue.
In view of the said Circular, the appeal by the Revenue is dismissed in limine.
As far as the CO of the assessee is concerned, none has put in appearance on behalf of the assessee and nor has any application for adjournment been received on behalf of the assessee. This gives an impression that the assessee is not interested in pursuing the Cross Objections. We, therefore, have no option but to dismiss the CO preferred by the assessee by placing reliance on CIT vs. Multiplan (India) Pvt. Ltd reported in 38 ITD 320 (Del). Accordingly, the cross objection is also dismissed.
In the result, the appeal of the revenue and the cross objection of the assessee are dismissed.
ITA 1735/D/2015 & CO 36/D/2016 Assessment year 2011-12 Order pronounced in the Open Court on 18th July, 2018.