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Income Tax Appellate Tribunal, “E” Bench, Mumbai
Before: Shri B.R. Baskaran (AM)& Shri Pawan Singh (JM)
The appeal filed by the Revenue is directed against the order dated 10.12.2017 passed by the learned CIT(A)-21, Mumbai and it relates to A.Y. 2009-10.
We noticed that the Revenue is contesting relief of ` 20 lakhs granted by the learned CIT(A) in respect of disallowance made out of expenses. Hence, the quantum dispute is ` 20 lakhs only and, accordingly, tax effect would work out to less than ` 10 lakhs. In view of the Circular No. 21/2015 dated 10.12.2015 issued by CBDT, the Revenue is precluded from pursuing this appeal. Accordingly, we dismiss this appeal in limine.
In the result, appeal filed by the Revenue is dismissed.
Order has been pronounced in the Court on 1.2.2017.