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Income Tax Appellate Tribunal, “G” BENCH, MUMBAI
Before: SHRI RAJENDRA, AM & SHRI AMARJIT SINGH, JM
Revenue by: Ms. Anupama Singla Assessee by: Shri Pankaj Jain सुनवाई की तारीख / Date of Hearing: 14.12.2016 घोषणा की तारीख /Date of Pronouncement: 14.12.2016 आदेश / O R D E R
PER AMARJIT SINGH, JM:
The revenue has filed the present appeal against the order dated 19.12.2014 passed by the Commissioner of Income Tax(Appeals)- 14, Mumbai [hereinafter referred to as the “CIT(A)”]relevant to the assessment year 2011-12.
At the time of hearing, it was pointed out by the parties that the tax effect involved in this quantum in dispute by the revenue is less
ITA No.2020/Mum/15 A.Y.2011-12 than Rs.10 lakhs. We also noticed from the working given by the assessee that the amount in dispute is Rs.26,38,979/- for A.Y.2011-12 which is expenditure disallowed by the Assessing Officer and the effect therein is less than Rs.10 lakhs. Hence in view of the CBDT circular No.21/2015 dated 10.12.2015 the revenue is barred from pursuing this appeal. Accordingly, we dismissed this appeal in limine.
In result all the appeals filed by the Revenue are dismissed.
Order pronounced in the open court on 14th December, 2016.