ACIT CEN CIR 22 & 30, MUMBAI vs. SAVITA PUROHIT, MUMBAI

Keeping in view the CBDT Circular No. 21/2015 dated 10th December, 2015 which is applicable from retrospective effect and is also applicable to pending appeals and also in view of ld. CIT DR stating before us that this appeals is now not maintainable/not pressed in view of the above CBDT Circular, we hold that this appeal filed by the Revenue which is covered by this order involving tax effect less than Rs. 10 lacs is not maintainable and is dismissed being not pressed. However, the Revenue is at liberty to file an application for recall of this appeal in accordance with law, if at any stage it is found that tax effect is more than Rs 10 lacs or the Revenue wants to agitate the matter in accordance with the provisions/clauses as contained in the afore-stated circular. We order accordingly.

In the result, the appeal filed by the Revenue is dismissed. Order pronounced in the open court on 24th February 2016. आदेश क� घोषणा खुले �यायालय म� �दनांकः 24-02-2016 को क� गई ।