INCOME TAX OFFICER , WARD -5(2), NAGPUR vs. SHRI GAURISHANKAR BADRIPRASAD AGRAWAL , NAGPUR
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Income Tax Appellate Tribunal, NAGPUR BENCH
Before: SHRI R.S.SYAL & SHRI S.S.VISWANETHRA RAVI
आदेश / ORDER
PER R.S.SYAL, VP: This appeal by the Revenue is directed against the order dated
15-02-2018 passed by the CIT(A)-1 Nagpur in relation to the
assessment year 2014-15.
At the outset, the ld. DR admitted that the tax effect in this appeal
was less than Rs.50.00 lakh. The CBDT has issued circular No.17/2019
dated 08-08-2019 revising upward the monetary limits for filing of
2 ITA No.107/Nag/2018 Gaurishankar Badriprasad Agrawal
appeals by the Department in Income-tax Cases before various
appellate forums. The earlier circular No.03/2018 dated
11-07-2018 fixed monetary limit for filing of appeals by the Revenue
before the Tribunal at Rs.20.00 lakh. Such limit has now been
enhanced in the recent Circular dated 08-08-2019 to Rs.50.00 lakh.
Since tax effect in the appeal under consideration is admitted to be less
than the revised monetary limit of Rs.50.00 lakh, we are not inclined to
entertain this appeal. However, later on, if the tax effect is found to be
more than the monetary limit of Rs.50.00 lakh, the Department will be
at liberty to move application for restoration of the appeal.
In the result, the appeal is dismissed.
Order pronounced in the Open Court on 27th July, 2023.
Sd/- Sd/- (S.S. VISWANETHRA RAVI) (R.S.SYAL) JUDICIAL MEMBER VICE PRESIDENT
पुणे / Pune; �दनांक / Dated : 27th July, 2023 Satish
3 ITA No.107/Nag/2018 Gaurishankar Badriprasad Agrawal
आदेश क� ��त�ल�प अ�े�षत / Copy of the Order forwarded to : अपीलाथ� / The Appellant. 1. !यथ� / The Respondent. 2. 3. The CIT-1, Nagpur "वभागीय �त�न%ध, आयकर अपील�य अ%धकरण, “नागपुर” ब'च, 4. / DR, ITAT, “Nagpur” Bench गाड� फ़ाइल / Guard File. 5. // True Copy // आदेशानुसार / BY ORDER, // True Copy // Senior Private Secretary आयकर अपील�य अ%धकरण, पुणे / ITAT, Pune
Date 1. Draft dictated on 26-07-2023 Sr.PS 2. Draft placed before author 27-07-2023 Sr.PS 3. Draft proposed & placed JM before the second member 4. Draft discussed/approved JM by Second Member. 5. Approved Draft comes to Sr.PS the Sr.PS/PS 6. Kept for pronouncement on Sr.PS 7. Date of uploading order Sr.PS 8. File sent to the Bench Clerk Sr.PS 9. Date on which file goes to the Head Clerk 10. Date on which file goes to the A.R. 11. Date of dispatch of Order. *
