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Facts
The revenue filed an appeal against an order of the CIT(A) for Assessment Year 2017-18. The assessee's representative argued that the appeal was not maintainable as the disputed tax effect of less than Rs. 60,00,000/- fell below the monetary threshold for filing appeals by the revenue, as stipulated by CBDT Circular No. 9/2024 dated 17.9.2024. The Senior Departmental Representative confirmed this fact.
Held
The Tribunal observed that the tax effect involved in the appeal was indeed below the monetary limit of Rs. 60,00,000/- prescribed by the CBDT for filing appeals before the ITAT. Consequently, the Tribunal ruled that the revenue's appeal was not maintainable and dismissed it.
Key Issues
Whether the revenue's appeal is maintainable before the ITAT when the disputed tax effect is below the monetary threshold prescribed by the CBDT circulars.
Sections Cited
CBDT Circular No. 9/2024
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Income Tax Appellate Tribunal, RANCHI BENCH, RANCHI
Before: SHRI GEORGE MATHAN & SHRI RATNESH NANDAN SAHAY
Assessee represented by Shri Devesh Poddar, A.R. Department represented by Shri Khub Chand Pandya, Sr.DR Date of hearing 07/10/2025 Date of pronouncement 07/10/2025 O R D E R PER: BENCH 1. This is an appeal filed by the revenue against the order of the ld. CIT(A), Patna-3, Patna in Appeal No. CIT(A), Patna-3/10784/2016-17 dated 11/06/2024 for the A.Y. 2017-18.
Shri Khubchand T Pandya, Sr.DR appeared for the revenue and Shri Devesh Poddar, ld AR appeared for the assessee.
At the very outset, ld AR submitted that in this appeal the disputed tax effect is below the threshold limited prescribed by CBDT in its Circular No.9 /2024 dated 17.9.2024, as per which, the revenue could not have filed appeal where the tax effect is below Rs.60,00,00/-. Hence, it was his prayer that the appeal of the revenue is not maintainable.