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Income Tax Appellate Tribunal, JODHPUR BENCH (SMC
Before: SHRI R.C. SHARMA
PER: R.C. SHARMA, AM
This is an appeal filed by the revenue against the order of the
CIT(A), Bikaner dated 22/03/2018 for the A.Y. 2011-12 in the matter
of order u/s 143(3)/147 of the Income-tax Act, 1961 [hereinafter
referred to as ‘the Act’, for short]. The grounds raised by the
revenue in appeal are reproduced as under:
“1. Whether on the facts and in the circumstances of the case, the ld. CIT(A) has erred in deleting addition of Rs. 13,80,836/- by holding that the AO was not justified in making disallowance us/ 40(a)(ai) as the appellant has submitted certified u/s 201(1) of the IT Act and as to whether in such circumstances the second proviso inserted to section 40(a)(ai) is prospective/retrospective.”
I have gone through the orders of authorities below and found that tax
effect in respect of additions deleted by CIT(A) is below Rs. 20 lacs, accordingly
in term of CBDT Circular No. 3/2018 dated 11.07.2018 this appeal deserves to be
dismissed on the ground of low tax effect.
In the result, the appeal of the revenue is dismissed.
Order pronounced in the open court on 19/07/2018.
Sd/- [R.C. SHARMA] Accountant Member Dated : 19 /07/2018 A/N Copy to : 1. The Appellant 2. The Respondent 3. The CIT 4. The CIT(A) 5. The DR 6. Guard File (ITA No. 274/Jodh/2018) Assistant Registrar Jodhpur Bench