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Income Tax Appellate Tribunal, DELHI BENCH: ‘G’: NEW DELHI
Before: SHRI SHAMIM YAHYA & SHRI ANUBHAV SHARMA
ORDER PER SHAMIM YAHYA, A.M.
This appeal by Revenue is directed against the order passed by the Learned Commissioner of Income Tax (Appeals)-III, New Delhi, dated 24.03.14 and pertains to Assessment Year 2009-10. The Grounds of appeal are as under:-
“1. That the Commissioner of Income Tax (Appeals) erred in law and on facts of the case in deleting the addition of Rs. 18,00,000 out of total addition of Rs. 2,01,06,000 made on account of unexplained cash credit by the AO in the books of the assessee. 2 (a) The order of the CIT(A) is erroneous and not tenable in law and on ITA No.-3056/Del/2014 M/s Classic Lamps Industries Pvt.Ltd. facts. (b) The appellant craves leave to add, alter or amend any / all of the grounds of appeal before or during the course of the hearing of the appeal.”
At the outset, it is noticed that the tax effect in this appeal is below Rs. 50,00,000 fixed by the CBDT for filing appeal before the Income Tax Appellate Tribunal, Hence this appeal is liable to be dismissed for lack of tax effect. Hence, this appeal is dismissed.
In the result, appeal of the Revenue stand dismissed.
Order pronounced in the open court on 21/06/2023