D.C.I.T., CIRCLE-10, KOLKATA, KOLKATA vs. ERIABARIE FILMS & FOILS PVT. LTD., KOLKATA

The captioned appeal filed by the revenue, pertaining to the assessment year 2007-2008, is directed against an order passed by ld. Commissioner of Income Tax (Appeals)-XII, Kolkata, dated 05.09.2013.

We found that the appeal of the revenue is time barred by 4 days. Considering the application filed by the revenue explaining the reasons of 4 days delay in the filing the present appeal, we condone the delay and appeal is heard finally. 3. At the outset, we have noticed that the tax effect in the appeal of the revenue is below Rs.10 lakhs, therefore, the same is not maintainable as per the CBDT Circular No.21/2015, dated 10th December, 2015. We found that as per the recent Circular No.21/2015, dated 10th December, 2015, issued by the CBDT, the monetary limit has been revised for filing of appeal before ITAT by the revenue fixing the tax effect limit of Rs.10 lakhs. In the instant case, the tax effect is below Rs.10 lakhs, therefore the same is not maintainable and liable to be dismissed in limine. This Circular is retrospective and applicable to the pending appeals also. 4. Considering the above CBDT Circular, we found that this appeal of the revenue is not maintainable as the tax effect in this appeal is below Rs.10 lakhs. Accordingly, we dismiss the appeal of the revenue. 5. In the result, appeal filed by the revenue is dismissed. Order pronounced in the open court on this 11/04/2017. Sd/- Sd/- (N.V.VASUDEVAN) (DR. A.L.SAINI) �या�यक सद�य / JUDICIAL MEMBER लेखा सद�य / ACCOUNTANT MEMBER कोलकाता /Kolkata; �दनांक Dated 11/04/2017 �काश �म�ा/Prakash Mishra,�न.स/ PS आदेश क� ��त�ल�प अ�े�षत/Copy of the Order forwarded to : 1. अपीलाथ� / The Appellant-DCIT, Circle-10, Kolkata 2. ��यथ� / The Respondent.-Eriabarie Films & Foils Pvt. Ltd. 3. आयकर आयु�त(अपील) / The CIT(A), Kolkata. 4. आयकर आयु�त / CIT �वभागीय ��त�न�ध, आयकर अपील�य अ�धकरण, कोलकाता / DR, ITAT, Kolkata 5. 6. गाड� फाईल / Guard file. आदेशानुसार/ BY ORDER, स�या�पत ��त //True Copy//