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आदेश/Order PER BENCH :
Both the above Appeals have been filed by the Revenue and Cross
objections filed by the Assessee.
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 appeals, 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, both the above appeals of the Revenue are
dismissed.
Cross Objections of the assessee are not pressed before us, therefore
needs no adjudication and hence treated as dismissed.
Order pronounced in the open Court.
Sd/- Sd/- �दवा �संह डा. बी.आर.आर. कुमार, (DIVA SINGH) (Dr. B.R.R. KUMAR) �या�यक सद�य/ Judicial Member लेखा सद�य/ Accountant Member AG Date: 30/10/2018
आदेश क� ��त�ल�प अ�े�षत/ Copy of the order forwarded to : 1. 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