ACIT CORPORATE CIRCLE 1(1), CHENNAI vs. M/S ABAN INFORMATICS LTD, CHENNAI

Both the appeals of the Revenue are directed against the common order of the Commissioner of Income-tax (Appeals)-3, Chennai dated 30.11.2017 for the assessment years 2006-07 & 2008-09. Since both the appeals are related to the same assessee, therefore, we heard these appeals together and disposing of the same by this common order.

When the appeals are 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 both these appeals 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 these appeals. Accordingly, both the appeals filed by the Revenue stands dismissed.

In the result, both the appeals of the Revenue are dismissed.