INCOME TAX OFFICER, HAVERI vs M/S.SHIVA PATTINA SOUHARDA SAHAKARI LTD.,, HAVERI

Income Tax Appellate Tribunal, BANGALORE BENCH ‘SMC – C’, BANGALORE

Before: SHRI A.K.GARODIA, ACCOUNANT MEMBER

For Appellant: Shri Sachin Basavaraj Patil, C. A

For Respondent: Dr. G. Manoj Kumar, Addl. CIT DR

O R D E R PER A. K. GARODIA, A.M.:

This appeal is filed by the revenue which is directed against the order of CIT (A) – Davangere dated 29.09.2016 for A. Y. 2013 – 14.

At the very outset, it was pointed out by the bench that the tax effect in this appeal is Rs. 271,970/- only and as per the latest CBDT instructions, the revenue is not supposed to file an appeal before the tribunal if tax effect is less than Rs. 10 Lacs. The bench wanted to know as to how this appeal is maintainable because of low tax effect. In reply, Learned DR of the revenue had nothing to say and he simply supported the assessment order.

In view of the above discussion, this appeal of the revenue is dismissed as not maintainable on account of low tax effect.

In the result, the appeal of the revenue is dismissed.

Order pronounced in the open court on the date mentioned on the caption page.

INCOME TAX OFFICER, HAVERI vs. M/S.SHIVA PATTINA SOUHARDA SAHAKARI LTD.,, HAVERI