Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI BENCH: ‘FRIDAY/C’ NEW DELHI
Before: SMT DIVA SINGH & SH.J.S.REDDY
PER DIVA SINGH, JUDICIAL MEMBER
The present appeal has been filed by the Revenue. Admittedly the tax effect in the present appeal is less than Rs.10 lacs. In terms of CBDT Circular No.21/2015 dated 10th December 2015, 2.
F.No.279/Misc./142/2007-ITJ (Pt.) read with section 268A of the Income Tax Act, 1961 the appeal of the Revenue should have been withdrawn or should not have been pressed by the Revenue.
In the result, the appeal of the Revenue is dismissed in limine. The order is pronounced in the open court on 21st of July 2016.