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Income Tax Appellate Tribunal, DELHI BENCH ‘SMC’, NEW DELHI
Before: SH. N. K. BILLAIYA
C.O. No.30/Del/2021 are appeal by the revenue and cross objection by the assessee preferred against the order of the CIT(A), New Delhi-35 pertaining to A.Y.2011-12.
A perusal of Form 36 filed by the revenue show that the tax effect relating to each ground of appeal
is Rs.689300/-.
3. This appeal is accordingly dismissed for want of tax effect in the light of CBDT Circular No. 17/2019 dated 08.08.2019.
4. In the result, the appeal filed by the assessee is dismissed.
Cross Objection No.30/Del/2021 (A.Y.2011-12)
The assessee has challenged that the appeal of the revenue is barred by limitation and secondly the tax effect is less than the monetary limit filled by the CBDT circular and the third in support of the findings of the CIT(A). Since the appeal filed by the revenue in Cross objection becomes otiose.
Decision announced in the open court in the presence of both the representatives on 27.09.2021.