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Income Tax Appellate Tribunal, ‘ A’ BENCH : CHENNAI
Before: SHRI N.R.S. GANESAN & SHRI S.JAYARAMAN
PER N.R.S. GANESAN, JUDICIAL MEMBER :
This appeal of the Revenue is directed against the order of the Commissioner of Income-tax (Appeals)-11, Chennai dated 27.11.2017 for the assessment year 2013-14.
When the appeal is taken up for hearing, both the representatives for the Revenue and the Counsel for the assessee very fairly submitted that the tax effect involved in this appeal is less than `20 lakhs. The CBDT in its latest Circular No.3/2018 dated 11.07.2018 instructed its officers to withdraw all the appeals pending before the ITAT where the tax effect is less than `20 lakhs. This Tribunal is of the considered opinion that this Circular of CBDT is binding on the officers of the Department. Therefore, the Revenue cannot proceed further in this appeal. Accordingly, the appeal filed by the Revenue stands dismissed.
In the result, the appeal filed by the Revenue is dismissed.
Order pronounced in the open court after conclusion of hearing on 18th July, 2018, at Chennai.