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Income Tax Appellate Tribunal, DELHI BENCH ‘SMC-3’, NEW DELHI
Before: SHRI J. SUDHAKAR REDDY
ORDER This is an appeal filed by the Revenue. The Cross Objection No.97/Del/16 is filed by the assessee.
1.1. Admittedly the tax effect in this appeal by the Revenue is less than Rs.10 lakhs.
1.2. In terms of CBDT Circular No.21/2015 dated 10th December,2015, F.No. 279/Misc./142/2007-ITJ(Pt.) read with S.268 A of the Income Tax Act 1961, this appeal by the Revenue should have been withdrawn or should not have been pressed by the Revenue.
In view of the above this appeal by the Revenue is dismissed in limini.
The C.O.No.97/Del/16 filed by the assessee is ‘time barred’ and is dismissed as such.
In the result Revenue’s appeal is dismissed in limini and assessee’s Cross Objection also is dismissed as it is time barred.
Order pronounced in the Open Court on 29th August, 2016.