Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI BENCH ‘A’, NEW DELHI
Before: SH. N. K. BILLAIYA & SH.C.N. PRASAD
This appeal filed by the revenue is preferred against the order of National Faceless Appeal Centre (NFAC), Delhi dated 21.09.2022 for A.Y. 2019-20.
The grievance of the revenue read as under :-
A perusal of the grievance of the revenue show 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 revenue is dismissed.
The order is pronounced in the open court on 25.05.2023 in the presence of both the rival representatives.