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Income Tax Appellate Tribunal, “G” Bench, Mumbai
Before: Shri B.R. Baskaran (AM) & Shri Ravish Sood(JM)
O R D E R Per B.R. Baskaran (AM) :-
The appeal filed by the Revenue is directed against the order dated 30.3.2015 passed by the learned CIT(A)-47, Mumbai and it relates to A.Y. 2007-08.
At the outset, learned AR, on the earlier occasion, submitted that the tax effect involved in this appeal is less than ` 20 lakhs and hence the Revenue is precluded from pursuing its appeal as per Circular No. 3/2018 dated 11.7.2018. When this as pointed out to learned DR, the learned CIT-DR sought time on the last occasion to examine this fact. Accordingly, this appeal was adjourned on the earlier occasion and posted today.
Today, the Learned CIT-DR fairly admitted that the tax effect involved in this appeal is less than ` 20 lakhs and further informed that the issue agitated in this appeal does not fall in any of the exception provided in paragraph 10 of the Circular.
2 Ms. Reshma J. Shetty
In view of the above, the present appeal is not maintainable as per Circular cited above. Accordingly, we dismiss the same in limine.
In the result, appeal filed by the Revenue is dismissed.
Order has been pronounced in the Court on 21.8.2018.