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Income Tax Appellate Tribunal, DELHI BENCH ‘D’, NEW DELHI
Before: SHRI H.S. SIDHU & SHRI J. SUDHAKAR REDDY
ORDER
PER J. SUDHAKAR REDDY, ACCOUNTANT MEMBER
This appeals is filed by the Revenue. The Cross Objection is filed by the assessee. Admittedly the tax effect in Revenue’s appeal is less than Rs.10 lakhs.
1.1. In terms of CBDT Circular No.21/2015 dated 10th December,2015, F.No. 279/Misc./142/2007-ITJ(Pt.) read with S.268 A of the Income Tax Act 1961, this appeal by the Revenue should have been withdrawn or should not have been pressed by the Revenue.
In view of the above this appeal by the Revenue is dismissed in limine.
In the result Revenue’s appeal is dismissed in limine. 4. Since we have dismissed Revenue’s appeal in limine, assessee’s Cross Objection has become infructuous and is dismissed as such.
Order pronounced in the Open Court on 05th May, 2016.