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Income Tax Appellate Tribunal, KOLKATA BENCH “C” KOLKATA
Before: Shri N.V.Vasudevan & Shri Waseem Ahmed
आदेश /O R D E R PER Waseem Ahmed, Accountant Member:- This appeal by the Revenue for the Assessment Year 2009-10 is directed against the order of Commissioner of Income Tax (Appeals)-XX, Kolkata dated 06.01.2014.
Shri Saslong Yaden, Ld. Departmental Representative appeared on behalf of Revenue and Shri V.N. Purhit, Ld. Authorized Representative appeared on behalf of assessee.
At the outset, we find that tax effect in this appeal filed by the Revenue is below the limit of ₹ 10 lakh which was fixed by the CBDT vide Circular No. A.Y.2009-10 DCIT, CC-VII, Kol Vs. M/s Nezone Tubes Ltd. Page 2 21 of 2015 dated 10.12.2015 for not filing appeals before the Tribunal. However there are certain exceptions curved out in the said Circular where monetary limit of Rs. 10 lacs is not applicable but Ld. DR could not point out that present appeal falls under any of the exceptions mentioned in the said Circular. In these circumstances, this appeal filed by the Revenue stand dismissed in limine on account of low tax effect.