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आदेश/Order Per Bench: The captioned appeals have been preferred by the assessee against the separate orders of the Commissioner of Income Tax (A) [hereinafter referred to as ‘CIT(A)’]
At the outset, the Ld. Counsel of the assessee submitted that the tax effect involved in the present appeals is less than Rs. 20 lacs. The Ld. DR
ITA No. 680/Chd/2016 & 282/Chd/2016- M/s Golden Food Products, Tehsil Nabha. 2
has also fairly admitted that CBDT Circular No. 3/2018 is applicable to
this appeals, hence, this appeals of the Revenue are liable to be dismissed.
It may be noted that CBDT vide Circular No. 3/2018 dated
11.07.2018 has revised the monetary limit upto Rs.20 lacs for filing
appeals by the Department before the Tribunal and further vide para 13 of
the said Circular it has been clarified that said circular is applicable
retrospectively to the pending appeals also. The Hon’ble Punjab &
Haryana High Court in the case of “Principal CIT of Income Tax Vs.
Surinder Kumar Singhal” ITA No 406-2016 (O&M) vide order dated
30.1.2017 while further relying upon the decision of the Hon'ble Supreme
Court in the case of “CIT Vs. Dhanalekshmi Bank Ltd.” (2015) 373 ITR
526 (SC), has dismissed the appeal of the Revenue without going into the
merits due to low tax effect leaving the question of law open. In view of
the CBDT Circular No. 03/2018 (supra) and in the light of the above
referred to decision of the Hon'ble Jurisdictional Punjab & Haryana High
Court (supra), the present appeals of the Revenue are dismissed due to low
tax effect.
It is, however, clarified that the dismissal of the above appeals shall
not be taken to be affirmation of the orders of the CIT(A) on merits. The
legal issue raised by the Revenue is being left open to be adjudicated in an
appropriate case.
Order pronounced in the Open Court on 04.10.2018
Sd/- Sd/- बी.आर.आर, कुमार संजय गग� ( B.R.R. KUMAR) (SANJAY GARG ) लेखा सद�य/ Accountant Member �याय�क सद�य/ Judicial Member
Dated : 4.10.2018 Rkk
ITA No. 680/Chd/2016 & 282/Chd/2016- M/s Golden Food Products, Tehsil Nabha. 3
आदेश क� ��त�ल�प अ�े�षत/ Copy of the order forwarded to : 1. अपीलाथ�/ The Appellant 2. ��यथ�/ The Respondent 3. आयकर आयु�त/ CIT 4. आयकर आयु�त (अपील)/ The CIT(A) 5. �वभागीय ��त�न�ध, आयकर अपील�य आ�धकरण, च�डीगढ़/ DR, ITAT, CHANDIGARH 6. गाड� फाईल/ Guard File
आदेशानुसार/ By order, सहायक पंजीकार/ Assistant Registrar