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Income Tax Appellate Tribunal, DELHI BENCH - ‘F’ NEW DELHI
Before: SHRI BHAVNESH SAINI & SHRI PRASHANT MAHARISH
This appeal by the revenue has been directed against the order of Ld. CIT (A) 14, New Delhi dated 30th November, 2016 for assessment. year 2010-11.
According to the Board circular No. 21/15 dated 10th December, 2015, it was directed that the departmental appeals shall not be filed before the appellate Tribunal in cases where the tax effect does not exceed the monetary limit of Rs. 10 lacs. This instruction will apply retrospectively to pending appeals and appeals to be filed henceforth in Page 1 of 2 the Tribunal. Pending appeals below the specific tax limit may be withdrawn / not pressed. It is admitted fact that in the departmental appeal the tax effect is below Rs. 10 lacs . Ld. DR in view of the Board circular above withdrew the departmental appeal. The departmental appeal is accordingly dismissed as withdrawn.
Pronounced in the Open Court.