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Income Tax Appellate Tribunal, “C” BENCH, CHENNAI
Before: SHRI ABRAHAM P. GEORGE & SHRI G. PAVAN KUMAR
आदेश /O R D E R
PER BENCH:
The appeal filed by the Revenue is directed against order of the Commissioner of Income Tax (Appeals) -1, Chennai, in dated
:-2-: I.T.A. No. 1716/Mds/2016 09.03.2016 for the assessment year 2012-13 passed u/s. 143(3) and 250 of the Income Tax Act, 1961 (herein after referred to as 'the Act').
At the time of hearing, both the parties fairly conceded that Tax effect in this appeal is less than monetary limit of Rs. 10,00,000/- fixed by the CBDT to file an appeal by the Revenue before the Tribunal as per the CBDT Circular No. 21/2015, date 10th December, 2015 and the Revenue authorities are precluded from filing and prosecuting the appeal before the Tribunal. Accordingly, Revenue appeal is dismissed as un-admitted
In the result, the appeal of the Revenue is dismissed.
Order pronounced on Friday, the 16th day of December, 2016 at Chennai.