DCIT, CHENNAI vs. SUNDARAM CLAYTON LTD., CHENNAI

This appeal of the Revenue is directed against the order of the Commissioner of Income Tax (Appeals) – 15, Chennai, dated 10.02.2016 and pertains to assessment year 1998-99.

When the appeal was taken up for hearing, Sh. Saroj Kumar Parida, the Ld.counsel for the assessee, submitted that the tax effect involved in the subject matter before this Tribunal is less than `10,00,000/-. Therefore, in view of the circular issued by the CBDT, the appeal is not maintainable before this Tribunal. Sh. A.V. Sreekanth, the Ld. Departmental Representative, also very fairly conceded that the tax effect involved is less than `10,00,000/-. Therefore, this Tribunal is of the considered opinion that in view of the circular of the CBDT instructing its officers not to file an appeal before this Tribunal wherever, the tax effect is less than `10,00,000/-, the appeal filed by the revenue is not maintainable before this Tribunal.