ACIT vs Geetha Mehra, Mumbai | ITAT Mumbai 2018

Income Tax Appellate Tribunal, G Bench, Mumbai

Before: Shri B.R. Baskaran & Shri Amarjit Singh

For Appellant: Shri J. Prabhakar

For Respondent: Shri V. Vidhyadhar, Shri J. Prabhakar

Hearing: 27.06.2018Pronounced: 27.06.2018

This appeal filed by Revenue and the Cross objection filed by the assessee are directed against the order dated 16.03.2011 passed by the CIT(A)-38, Mumbai and they relate to A.Y. 2008-09.

At the outset it was noticed that the quantum in dispute in the appeal filed by the Revenue is `31,15,500/- only. Apparently the tax effect involved in this appeal is less than `10,00,000/-. As per the circular No. 21/15 dated 10.12.2015 issued by the CBDT, the Revenue is precluded from pursuing this appeal. Accordingly we dismiss this appeal

C0 11 Ms. Geetha Mehra of the revenue in limine. In view of the same, the cross objection filed by the assessee is also dismissed.

In the result, the appeal filed by the Revenue and the cross objection filed by the assessee are dismissed.

ACIT 3(1)(1), MUMBAI vs. GEETHA MEHRA, MUMBAI