ITAT Delhi Judgments — September 2017

The Tribunal held that the tax effect in the Revenue's appeal was below the prescribed monetary limit as per CBDT Circular No. 21/2015. Therefore, the appeal was not maintainable.

The Tribunal dismissed the Revenue's appeals. This decision was based on the CBDT Circular No. 17/2019, which directs the Revenue not to prefer appeals where the tax effect is less than Rs. 50,00,000.

The Tribunal dismissed the Revenue's appeals. This decision was based on the CBDT Circular No. 17/2019, which directs the Revenue not to prefer appeals where the tax effect is less than Rs. 50,00,000.

The Tribunal upheld the CIT(A)'s deletion of additions related to GP rate, capital, fixed assets, sundry creditors, loans, and salary payments. For personal use of conveyance and Diwali expenses, the Tribunal agreed with the CIT(A)'s partial disallowance.

The Tribunal dismissed the Revenue's appeals. This decision was based on the CBDT Circular No. 17/2019, which directs the Revenue not to prefer appeals where the tax effect is less than Rs. 50,00,000.