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Income Tax Appellate Tribunal, “A” Bench, Mumbai
Before: Shri B.R. Baskaran (AM) & Shri Sanjay Garg (JM)
O R D E R Per B.R. Baskaran (AM) :-
The appeal filed by the Revenue is directed against the order dated 4.11.2013 passed by learned CIT(A)- 25, Mumbai and it relates to A.Y. 2002- 03.
The Revenue is aggrieved by the decision of learned CIT(A) in sustaining the addition made by the Assessing Officer u/s. 69 of the Act.
None appeared on behalf of the assessee. Learned DR fairly admitted that the tax effect involved in this appeal is less than ` 10 lakhs.
We have heard learned Departmental Representative and perused the record. We noticed that the tax effect involved in this appeal is less than ` 10 lakhs. Hence, the Revenue is precluded from pursuing this appeal as per the Circular No. 21/2015 dated 10.12.2015 issued by the CBDT. We also noticed
2 Shri Kishore Lakhani that the issue contested in this appeal is not covered by the exception provided in para 8 of the Circular (supra).
In view of the above, we dismiss the appeal of the Revenue in limine. Order has been pronounced in the Court on 24.8.2016