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Income Tax Appellate Tribunal, DELHI BENCH ‘B’, NEW DELHI
Before: SHRI G.D. AGRAWAL & SHRI SUDHANSHU SRIVASTAVA
ORDER PER SUDHANSHU SRIVASTAVA, J.M.
This is an appeal by the department against the order dated 31.10.2012 passed by the Ld. CIT (A)-I, Dehradun for AY 2011-126, wherein the Ld. CIT (A) has deleted penalty of Rs. 590,340/- imposed u/s 271C of the Act.
The ld. Counsel for the assessee stated that the tax effect in the departmental appeal is less than Rs. 10 lacs. It was submitted that in view of the CBDT’s latest circular no. 21/2015 dated 10/12/2015, the appeal was not maintainable.
The ld. D.R., although supported the order of the Assessing Officer, but could not controvert the fact that tax effect in this appeal is less than Rs.10,00,000/-.
From Clause 10 of the above circular it is clear that these instructions are applicable to the pending appeals also and there is clear cut instruction to the department to withdraw or not to press the appeals filed before the ITAT wherein tax effect is less than Rs.10,00,000/-. These instructions are operative retrospectively to the pending appeals also.
& CO No. 43/D/2013 Executive Engineer Page 2 of 3
Keeping in view the CBDT Circular No.21 of 2015 dated 10.12.2015 and also the provisions of Section 268A of Income Tax Act, 1961, we are of the view that the Revenue’s appeal is liable to be dismissed.
In view of the above, without going into merits of the case, we dismiss the appeal filed by the department. 7. In view of our dismissal of the Department’s appeal, the CO filed by the assessee has become in fructous and the same is also dismissed. 8. In the result, appeal of the department as well as the CO of the assessee, are dismissed.