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Income Tax Appellate Tribunal, B / SMC BENCH, CHENNAI
Before: SHRI N.R.S. GANESAN
आदेश /O R D E R
The appeal of the Revenue and the cross-objection of the assessee are directed against the order of the Commissioner of Income Tax (Appeals) – 14, Chennai, dated 31.03.2015 and pertains to assessment year 2008-09.
2 C.O. No.29/Mds/16 2. On hearing the Ld. Departmental Representative, we find that the tax effect in this case is less than `10 lakhs. The CBDT in its Circular No.21/2015 dated 10.12.2015 instructed its officers to withdraw all the appeals pending before the ITAT where the tax effect is less than `10 lakhs. This Tribunal is of the considered opinion that this Circular of CBDT is binding on the officers of the Department. Therefore, the Revenue cannot proceed further in this appeal. Accordingly, this appeal stands dismissed.
The Cross-objection filed by the assessee is only to support the order of the CIT(Appeals). Therefore, the cross-objection becomes infructuous.
In the result, both the appeal of the Revenue and the cross- objection of the assessee are dismissed.
Order pronounced in the open court on 13th June, 2016 at Chennai.