ACIT, NEW DELHI vs. SHRI CHARU SHEKHAR GUPTA, NEW DELHI

This appeal by the assessee is preferred against the order of the Commissioner of Income Tax [Appeals], New Delhi dated 14.12.2016 pertaining to assessment year 2012-13.

A perusal of the grievance of the revenue shows that the tax effect would be less than Rs. 50 lakhs, therefore, this appeal is not maintainable as per CBDT Circular No. 17/2019 dated 08.08.2019.

This appeal is, accordingly, dismissed with liberty to the revenue to approach the Tribunal as per the provisions of law, should it feel that the tax effect is more than Rs. 50 lakhs.

In the result, the appeal filed by the assessee in is dismissed.