Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, BANGALORE BENCH ‘C’, BANGALORE
Before: SHRI A. K. GARODIA & SMT ASHA VIJAYARAGHAVAN
O R D E R PER SHRI A.K.GARODIA, AM
This is a revenue’s appeal directed against the order of learned CIT (A), Gulbarga dated 18.01.2016 for A. Y. 2010 – 11.
None appeared on behalf of the assessee in spite of notice and therefore, this appeal was heard ex parte qua the assessee.
It was pointed out by the bench that the income declared by the assessee in the return of income is Rs. 786,060/- and the income assessed by the A.O. is Rs. 40,29,600/- after addition of Rs. 32,43,496.
Even if the total addition is deleted by CIT (A) and the revenue is in 2 IT(TP)A No.441(B)2016 appeal for the entire such deletion, then also, the tax effect @30% will be less than Rs. 10 Lacs. Then how the appeal of the revenue is maintainable in view of Board Instruction about low tax effect in appeal filed by the revenue before ITAT. In reply, learned DR of the revenue had nothing to say. Hence, this appeal of the revenue is not admitted because of low tax effect.
In the result, the appeal of the revenue is dismissed.
Order pronounced in the open court on the date mentioned on the caption page.