ACIT CORPORATE CIRCLE 6 (1), CHENNAI vs. M/S CHEMPLAST SANMAR LTD, CHENNAI
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Income Tax Appellate Tribunal, ‘D’ BENCH: CHENNAI
Before: SHRI ABY T VARKEY & SHRI AMITABH SHUKLA
आदेश / O R D E R PER AMITABH SHUKLA, A.M :
This appeal is filed against the ITA No.491/CIT(A)-15/2013-14 dated 30.11.2017. Through the aforesaid appeal the Revenue has challenged the ITA No.491/CIT(A)-15/2013-14 dated 30.11.2017 passed by the CIT(A), Chennai. 2.0 At the outset the Ld. Counsel for the assesse drew our attention to circular No.09/2042 dated 17.09.2024 issued by CBDT modifying the threshold limits for filing of appeals by the Revenue before Hon’ble Apex Court, High Court and the ITATs. It was informed that as per para-5 of
ITA No.852/Chny/2018 :- 2 -: the impugned circular also applicable in respect of all pending appeals, the appeal of the revenue is non-maintainable as the tax effect involved therein is less than Rs.60 lakhs. The averment made by the Ld. Counsel for the assesse has been verified from the material available on records. The Ld. DR fairly conceded the applicability of the impugned circular in the present appeal. Accordingly, the appeal filed by the revenue is dismissed. 3.0 In the result the appeal is dismissed. Order pronounced on 20th , September-2024 at Chennai. Sd/- Sd/- ( एबी टी. वकी) (अमिताभ शुक्ला) (ABY T VARKEY) (AMITABH SHUKLA) न्याययक सदस्य / Judicial Member लेखा सदस्य /Accountant Member चेन्नई/Chennai, ददनांक/Dated: 20th , September-2024. KB/- आदेश की प्रयतललपप अग्रेपषत/Copy to: 1. अपीलार्थी/Appellant 2. प्रत्यर्थी/Respondent 3. आयकर आयुक्त/CIT - Chennai 4. पवभागीय प्रयतयनधि/DR 5. गार्ड फाईल/GF