ITO, Ward-5(1), Surat v. Dhansukhlal K. Jariwala
[Citation -2016-LL-1014-39]
| Citation | 2016-LL-1014-39 |
|---|---|
| Appellant Name | ITO, Ward-5(1), Surat |
| Respondent Name | Dhansukhlal K. Jariwala |
| Court | ITAT-Ahmedabad |
| Relevant Act | Income-tax |
| Date of Order | 14/10/2016 |
| Assessment Year | 2005-06 |
| Judgment | View Judgment |
| Keyword Tags | monetary limit • tax effect |
| Bot Summary: | PAN : AAYPJ 7491 G. Revenue by : Shri Prasoon Kabra, Sr.DR Assessee by : None Date of Hearing : 14/10/2016 Date of Pronouncement: 14/10/2016 ORDER The present four appeals are directed at the instance of the assessee against common order of the ld. In all four appeals, common issue is raised by the Revenue. At the outset, a query from the Bench, as to admissibility of Revenue s appeals, in view of latest CBDT instruction, wherein the CBDT prohibited the ITA No.1497/Ahd/2013 and 3 Others 2 Revenue from filing of appeals before the Tribunal where tax effect is below Rs.10 lakhs, the ld. As per the latest CBDT Circular no.21/2015 dated 10.12.2015, the CBDT has restricted the Department not to file appeal where tax effect is below Rs.10 lakhs before the Tribunal. Admittedly, tax effect in individual appeals of the Revenue is below Rs.10 lakhs and they are hit by the above CBDT Circular. Further, the above circular has retrospective effect, and therefore, appeals of the Revenue pending as on the date and fall within the monetary limit, are also covered by the Circular, and therefore, the present appeals are not maintainable. In the result, all the appeals of the Revenue are dismissed. |