DCIT, NEW DELHI vs. M/S. SANDHU CONTRACTOR PVT. LTD., NEW DELHI

ORDER Per Bench: It is apparent from record that the present appeal has been preferred by the Revenue against the action of the ld. CIT(A)-X, Delhi – order dated 28.10.2013 whereby he has quashed the action of the AO of invoking the provisions of section 147 of the IT Act. The assessee has also filed the cross objection in this appeal of the Revenue. Undisputedly, the present appeal has been preferred by the Revenue in violation of CBDT Circular No. 21/2015 dated 10.12.2015, wherein the pecuniary limit for preferring the appeal by the Revenue before the ITAT has been prescribed beyond Rs.10 lacs. The above circular on pecuniary limit has now statutory force within the provisions of section 268A of the IT Act, hence, the present appeal is not maintainable. The ld. Sr. DR, Ms. Ritu Sharma requested that while dismissing the appeal as not maintainable, it may be made clear that the present order will have no precedential value.