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Income Tax Appellate Tribunal, DELHI BENCH: ‘C’ NEW DELHI
Before: SHRI G. D. AGRAWAL & MS SUCHITRA KAMBLE
PER G. D. AGRAWAL, PRESIDENT:- The appeal by the Revenue for the Assessment Year 2011-12 is directed against the order of the Ld.CIT(A)-XXIV, New Delhi dated 18.06.2014.
At the time of hearing before us, none appeared on behalf of the assessee-respondent. This appeal of the Revenue is, therefore, being disposed of ex-parte qua the assessee-respondent after hearing the arguments of Learned DR.
We have heard the arguments of Learned DR and have perused relevant material placed before us. It is observed that the tax effect in the present appeal of the Revenue is below Rs.10 lakhs. As per Circular No. 21/2015 dated 10th December, 2015, the CBDT has clearly laid down that the Revenue should not prefer appeals before the ITAT if the tax effect involved in the appeal, excluding interest, is less than Rs.10 lakhs. In view thereof, the appeal filed by the Revenue is not maintainable and is dismissed.
In the result, the appeal of the Revenue is dismissed.
Decision pronounced in the open Court on 05.12.2017