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Income Tax Appellate Tribunal, ‘C’ BENCH, CHENNAI
Before: SHRI CHANDRA POOJARI & SHRI G. PAVAN KUMAR
आदेश / O R D E R PER G. PAVAN KUMAR, JUDICIAL MEMBER:
The appeal filed by the Revenue is directed against order of the Commissioner of Income-tax (Appeals)-2, Tiruchirapalli in dated 19.05.2015 for the assessment year 2008-2009 passed u/s.143(3) r.w.s.147 and 250 of the Income Tax Act, 1961 (herein after referred to as ‘the Act’).
ITA No.1790/Mds/2015 :- 2 -:
At the time of hearing, none appeared on behalf of the 2. assessee and we decided to proceed the case on merits and heard the submissions of ld. Departmental Representative. The ld. Departmental Representative fairly conceded that tax effect in this appeal is �8,52,525/- which is less than monetary limit of � 10,00,000/- fixed by the CBDT to file an appeal by the Revenue before the Tribunal as per the CBDT Circular No.21/2015, Dated 10th December, 2015. Being so, the Revenue authorities are precluded from filing the appeal before the Tribunal, since the tax effect is less than �10,00,000/- in this appeal. Accordingly, Revenue appeal is dismissed as un-admitted.
In the result, the appeal of the Revenue is dismissed Order pronounced on Friday, the 19th day of February, 2016, at Chennai.