ACIT NON CORP. CIRCLE 2 , COIMBATORE vs. TEJAS , COIMBATORE

This appeal filed by the Revenue is directed against the order of the Commissioner of Income Tax (Appeals)-2, Coimbatore, in 15 dated 31.03.2017 for the AY 2011-12.

The appeal of the Revenue is filed with ‘05’ days delay and the reason stated in the Affidavit are just, therefore, we condoned the delay and admit the appeal for hearing.

The Counsels for the assessee pointed out that the tax effect in this case was less than Rs.20.00 lakhs. Hence, the appeal of the Revenue would not lie before this Tribunal by virtue of CBDT Circular No. 3/2018 dated 11.07.2018.

Ld.DR fairly agreed that the tax effect was less than Rs.20.00 lakhs.

We have heard the rival contentions and perused the orders of the authorities below.

The tax effect in the appeal of the Revenue being less than Rs.20.00 lakhs, it cannot survive.

In the result, the appeal filed by the Revenue is dismissed.