DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, MANGALORE vs SHRI VINOD M SHERLEKAR , MANGALORE

Income Tax Appellate Tribunal, “C” BENCH : BANGALORE

Before: SHRI N.V. VASUDEVAN & SHRI INTURI RAMA RAO

For Appellant: Shri Sreehari Kulsa, C.A

For Respondent: Shri Pradeep Kumar, CIT, Shri Sreehari Kulsa, C.A

Date of hearing : 14-11-2018 Date of Pronouncement : 16-11-2018 O R D E R Per Bench & 2758 are appeals filed by the revenue against the two orders both dated 21st September, 2017 of the CIT(Appeals)-2, Panaji pertaining to assessment years 2012-13 and 2013-14. The assessee has filed Cross-objections against the very same orders of the CIT(A).

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Admittedly, the tax effect in these appeals by the revenue 2. is less than Rs.20 lakhs. In view of the CBDT Circular No.3/2018 dated 11.07.2018, the revenue cannot file appeals before the Tribunal where the tax effect is less than Rs.20 lakhs. Since the tax effect in the present appeals are less than Rs.20 lakhs, these appeals of the revenue are liable to be dismissed as not maintainable. Accordingly, the appeals of the revenue are dismissed.

In view of the dismissal of the Revenue’s appeals, the 3. Cross-objections are also dismissed as infructuous.

In the result, the revenue’s appeals and the Cross- 4. objections of the assessee are dismissed.

Pronounced in the open court on this 16th day of November, 2018.

Sd/- Sd/- ( INTURI RAMA RAO) ( N.V. VASUDEVAN) Accountant Member Vice President Bangalore, Dated, the 16th November, 2018.

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DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, MANGALORE vs. SHRI VINOD M SHERLEKAR , MANGALORE