ACIT, NEW DELHI vs SHIV SARAN CHAND VED PRAKASH, NEW DELHI

Income Tax Appellate Tribunal, DELHI BENCH “G” NEW DELHI

Before: SHRI I.C. SUDHIR & SHRI O.P. KANT

For Appellant: Shri Suresh Kumar Gupta, Adv

For Respondent: Smt. Anima Barnwal, Sr. DR

Cross Objection Nos. 127 & 128/Del/2014 ( In & 5450/Del/2013) Assessment Years: 2005-06 & 2006-07 Shiv Saran Chand Ved Vs. ACIT, Prakash, Central Circle-03, 2042-Katra Tobacco, , New Delhi. Khari Baoli, New Delhi. (PAN: AAPFS4149B) (Appellant) (Respondent) Assessee by: Shri Suresh Kumar Gupta, Adv. Department by: Smt. Anima Barnwal, Sr. DR Date of hearing : 13 .04.2016 Date of pronouncement: 28:04.2016 ORDER PER I.C. SUDHIR: JUDICIAL MEMBER At the outset of hearing, the Learned AR raised a preliminary objection that the above two appeals preferred by the Revenue having tax effect below Rs.10 lacs are not maintainable since these appeals have been preferred in violation of CBDT Circular No. 21/2015 dated 10.12.2015. He 2 submitted further that if these appeals of the Revenue are dismissed then the assessee will not press the cross objections filed by the assessee.

The Learned Senior DR did not dispute that each of the above appeals preferred by the Revenue is having tax effect below Rs. 10 lacs.

ACIT, NEW DELHI vs. SHIV SARAN CHAND VED PRAKASH, NEW DELHI