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Income Tax Appellate Tribunal, “H”, BENCH MUMBAI
Before: SHRI RAJENDRA, AM & SHRI RAM LAL NEGI, JM
O R D E R PER RAM LAL NEGI, JM The aforesaid appeals have been preferred by the Assessing Officers concerned raising various grounds of appeal
s against the order dated 25.2.2015 passed by the Ld. CIT(A) 24, Mumbai and Ld. CIT(A) 37, Mumbai for the Assessment year 2010-11 and 2011-12 respectively. The tax effect involved in these appeals are below the monetary limit of Rs.10,00,000/- prescribed by the Central Board of Direct Taxes (CBDT), vide its Circular No.21/2015(F.No.279/Misc. 142/2007-ITJ (Pt.) dated 10th December, 2015.
2. The Departmental Representative (DR) and Authorised Representative for the assessee (AR), who appeared before the Bench, fairly conceded that the tax involved in the above appeals are less than Rs.10.00 lacs. Considering these facts, we dismiss both the appeals as not maintainable.
As a result, appeals filed by the Assessing Officer stands dismissed. फलतः िनधा"रती अिधकारी "ारा दािखल क" गई अपील नामंजूर क" जाती है.