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Income Tax Appellate Tribunal, “ C ” BENCH, CHENNAI
Before: SHRI CHANDRA POOJARI & SHRI S.S. GODARA
आदेश / O R D E R
PER CHANDRA POOJARI, ACCOUNTANT MEMBER
This appeal by the Revenue is directed against the order dated 11-07-2014 passed by the CIT(A)-II, Chennai for the assessment year 2009-2010.
I.T.A.No.2939/Mds/2014 :- 2 -:
The crux of the ground of the Revenue is rental income derived by the assessee is to be assessed as ‘’income from House Property’’.
None appeared for the assessee. We take up the case to decide on merits after hearing the ld. Departmental Representative. We have gone through the case records. As seen from the order of CIT(A), the tax effect from this appeal is �2,69,648/- which is less than monetary limits fixed by the CBDT to file appeal by the Revenue as per CBDT circular No.5/2014, dated 10th July, 2014 wherein the monetary limit fixed at �4,00,000/- to file appeal before the Tribunal. Being so, the Revenue authorities are precluded from filing of appeal in this case.
Accordingly, this appeal is dismissed as non-admitted.
In the result, the Revenue’s appeal No.ITA 2939/Mds/2014 is dismissed.
Order pronounced in the open court at the time of hearing on Monday, the 9th of March, 2015 at Chennai.