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Before: Shri A. Mohan Alankamony & Shri Duvvuru RL Reddy
आयकर अपीलीय अिधकरण, ‘‘बी’’ �ायपीठ, चे�ई IN THE INCOME-TAX APPELLATE TRIBUNAL ‘B’ BENCH, CHENNAI �ी ए. मोहन अलंकामणी, लेखा सद� एवं �ी धु�ु� आर.एल रे�ी, �ाियक सद� के सम� Before Shri A. Mohan Alankamony, Accountant Member & Shri Duvvuru RL Reddy, Judicial Member आयकर अपील सं./I.T.A.No.1684/Chny/2018 िनधा�रण वष�/Assessment Year: 2014-15 The Deputy Commissioner of M/s. Unico Leather Products Pvt. Ltd., Income Tax, Corporate Circle 3(2), Vs. No. 52/53, College Road, I Floor, Chennai 600 034. Prince Tower, Chennai 600 006. [PAN: AAACU0507H] (Appellant) (Respondent) अपीलाथ� की ओर से / Appellant by : Shri V. Nanda Kumar, JCIT ��थ� की ओर से/Respondent by : None सुनवाई की तारीख/ Date of hearing : 17.09.2018 घोषणा की तारीख /Date of Pronouncement : 24.10.2018 आदेश /O R D E R PER DUVVURU RL REDDY, JUDICIAL MEMBER:
This appeal filed by the Revenue is directed against the order of the Commissioner of Income Tax (Appeals) 11, Chennai dated 28.02.2018 relevant to the assessment year 2014-15.
Despite service of notice [RPAD on record], none appeared on behalf of the assessee. Hence, we proceed to decide the issue on merits after hearing the ld. DR. The ld. DR has fairly conceded that the tax effect in this appeal is less than the monetary limit of ₹.20,00,000/- fixed by the CBDT to file an appeal by the Revenue before the Tribunal as per the CBDT Circular No. 03/2018, dated 11.07.2018. Being so, the Revenue authorities are precluded from filing the appeal before the Tribunal, since the tax effect is less than ₹.20,00,000/- in this appeal. Accordingly, the appeal filed by the Revenue is dismissed as un-admitted.
In the result, the appeal filed by the Revenue is dismissed. Order pronounced on the 24th October, 2018 at Chennai.