Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, CHANDIGARH BENCH “B”, CHANDIGARH
आदेश/Order
PER DR. B.R.R. KUMAR, A.M:
The present appeal has been filed by the Revenue against the order of
the Ld. CIT(A)-1, Ludhiana dt. 23/03/2018.
According to Circular No. 03/2018 dated 11/07/2018, the CBDT in
supersession of earlier instructions has directed that department’s appeals
before ITAT shall not be filed in cases where the tax effect does not exceed the
monetary limit of Rs. 20 lacs. The tax will not include any interest thereon. It is
further clarified that if in the case of an assessee, disputed issues arise in more
than one assessment year, appeal can be filed in respect of such assessment
year or years in which the tax effect in respect of disputed issues exceeds the
monetary limit so specified.
Admittedly, in the departmental appeal, the tax effect is less than Rs. 20
lacs, therefore, departmental appeal is not maintainable. The Ld. DR could not
bring to our notice any exceptions mentioned in the said Circular.
In view of the above, the appeal of the Revenue is dismissed.
Order pronounced in the Open Court. Sd/- Sd/- संजय गग� डा. बी.आर.आर, कुमार, (SANJAY GARG ) ( DR. B.R.R. KUMAR, AM) �या�यक सद�य/ Judicial Member लेखा सद�य/ Accountant Member AG Date: 29/11/2018
आदेश क� ��त�ल�प अ�े�षत/ Copy of the order forwarded to :
अपीलाथ�/ The Appellant 2. ��यथ�/ The Respondent 3. आयकर आयु�त/ CIT 4. आयकर आयु�त (अपील)/ The CIT(A) 5. �वभागीय ��त�न�ध, आयकर अपील�य आ�धकरण, च�डीगढ़/ DR, ITAT, CHANDIGARH 6. गाड� फाईल/ Guard File