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Income Tax Appellate Tribunal, IN THE INCOME TAX APPELLATE TRIBUNAL
Before: SHRI G.D. AGRAWALG.D. AGRAWAL & AND BEFORE SHRI G.D. AGRAWALG.D. AGRAWAL & AND SHRI SUDHANSHU SRIVASTAVASHRI SUDHANSHU SRIVASTAVA SHRI SUDHANSHU SRIVASTAVA SHRI SUDHANSHU SRIVASTAVA
PER SUDHANSHU SRIVASTAVA, JM PER SUDHANSHU SRIVASTAVA, JM :- PER SUDHANSHU SRIVASTAVA, JM PER SUDHANSHU SRIVASTAVA, JM These appeals by the Revenue for the assessment years 2004-05 & 2006-07 are directed against the order of learned CIT(A), Rohtak dated 19th August, 2011.
We have heard the arguments of both the sides and have perused relevant material placed before us. It is observed that the tax effect in the present appeals of the Revenue is below `10 lakhs. As per Circular No.21/2015 dated 10th December, 2015, the CBDT has clearly laid down that the Revenue should not prefer appeals before the ITAT if the tax effect involved in the 2 ITA-4767 & 4768/D/2011 appeal, excluding interest, is less than `10 lakhs. In view thereof, the appeals filed by the Revenue are not maintainable and are dismissed.
In the result, the appeals of the Revenue are dismissed. Decision pronounced in the open Court on 03.03.2016.