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Income Tax Appellate Tribunal, KOLKATA BENCH “A” KOLKATA
Before: Shri S.S.Godara & Shri, M. Balaganesh
Shri Pradip Majumdar, Addl. CIT-SR-DR अपीलाथ� क� ओर से/By Appellant Shri Manish Tiwari, FCA ��यथ� क� ओर से/By Respondent 26-12-2018 सुनवाई क� तार�ख/Date of Hearing 2812-2018 घोषणा क� तार�ख/Date of Pronouncement आदेश /O R D E R PER S.S.Godara, Judicial Member:- This Revenue’s appeal for assessment year 2012-14 arises against the Commissioner of Income Tax (Appeals)-12 Kolkata’s order dated 22.03.2017, passed in case No.10178/CIT(A)-1/Kol./Circle-1(1)/2015-16, involving proceedings u/s 143(3) of the Income Tax Act, 1961; in short ‘the Act’. Heard both the parties. Case file perused.
Learned Authorized Representative at the outset files before us a computation chart indicating the net tax effect involved in the instant Revenue’s appeal to be ₹12,01,409/- i.e. less at the minimum threshold limit of ₹ 20 lakh prescribed in the threshold limit in CBDT’s latest Circular No. 3/2018 dated 11.07.2018. The said Circular No. 3/2018 dated 11.07.2018 DCIT, Cir-1(1) Kol. Vs. M/s Chevoit Co. LTd. Page 2 has admittedly been made applicable in all pending case instituted at Revenue’s behest. We thus hold that this Revenue’s appeal is not maintainable for having involved less than the above prescribed tax effect of ₹ 20 lac.