ITO 22(3)(3), NAVI MUMBAI vs. RAJENDRA B.PATEL, NAVI MUMBAI

ORDER UNDER SECTION 254(1)OF INCOME TAX ACT PER PAWAN SINGH, JUDICIAL MEMBER; 1. This appeal under Section 253 of Income-tax Act is directed against the order of ld. CIT(A), Aurangabad dated 12.03.2014 for Assessment Year 2007-08. This appeal was heard on 25.06.2018. The ld DR for the revenue and Ms. Deepa Khare ld AR for the assessee made their detail submissions, however, before the order could be passed, the CBDT issued a Circular No. 3/2018 dated 11th July 2018 for fixing the monitory limit for filing appeal before Tribunal. While passing the order we have noted that the tax effect involve in the appeal is below the monetary limit of Rs. 20,00,000/- as prescribed by the Central Board of Direct Taxes(CBDT), vide its Circular No.3/2018 dated 11th July, 2018. Therefore, we fixed the present appeal for today, for clarification from the revenue if the appeal is covered by the said circular. The registry was directed to inform the assessee/ ld AR for the assessee. - Shri Rajendra B. Patel