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Income Tax Appellate Tribunal, “B”, BENCH MUMBAI
Before: SHRI B.R.BASKARAN, AM & SHRI PAWAN SINGH, JM Shri Nilesh N. Patel,
PER PAWAN SINGH, JM: The above appeal is filed by the Assessing Officer (AO) raising ground of appeal for the assessment years mentioned above. The tax effect involved in the above referred case is below the monetary limit (Rs. 10,00,000/-) prescribed by the Central Board of Director Taxes(CBDT), vide its Circular No.21/2015(F.No.142/2007-ITJ (Pt.) dated 10th December, 2015. 2. Shri Bhavesh Dayalji Tanna appeared on behalf of the assessee. The Departmental Representative (DR) on a query by the Bench fairly conceded that the tax effect involved in the above case was less than Rs. 10.00 lacs. Considering these facts, we dismiss the appeal holding them as not maintainable.
In the result, appeal of the Revenue is dismissed. Order pronounced in the open court on this 02/02/2016. (B.R.BASKARAN) JUDICIAL MEMBER Mumbai; Dated : 02/02/2016 SK, PS Copy of the Order forwarded to : 1. अपीलाथ" / The Appellant
""यथ" / The Respondent. 3. आयकर आयु"त(अपील) / The CIT(A), Mumbai. 4. आयकर आयु"त / CIT "वभागीय ""त"न"ध, आयकर अपील"य अ"धकरण, मुंबई / DR, ITAT, Mumbai 5. 2 ITA No.851/M/14 Shri Nilesh N. Patel
गाड" फाईल / Guard file. ///
आदेशानुसार/ BY ORDER,
उप/सहायक पंजीकार (Asstt.