ACIT, Circle-54(1), New Delhi v. Rashmi Rai
[Citation -2019-LL-0829-12]
| Citation | 2019-LL-0829-12 |
|---|---|
| Appellant Name | ACIT, Circle-54(1), New Delhi |
| Respondent Name | Rashmi Rai |
| Court | ITAT-Delhi |
| Relevant Act | Income-tax |
| Date of Order | 29/08/2019 |
| Assessment Year | 2011-12 |
| Judgment | View Judgment |
| Keyword Tags | low tax effect • monetary limit |
| Bot Summary: | PAN-AAGPR6289J Respondent Appellant by : Sh. C.P.Singh, Sr.DR , Respondent by : Sh. Satyajeet Goel, CA Date of Hearing : 28.08.2019 Date of Pronouncement: 29.08.2019 ORDER PER SUSHMA CHOWLA, JM: These three appeals of three different assessees filed by Revenue are against separate orders of CIT(A)-18, New Delhi dated 16.11.2016; CIT(A), Faridabad dated 31.03.2016; CIT(A)-11, New Delhi dated 30.03.2015 relating to assessment years 2011-12, 2011- 12 2012-13 respectively against the orders passed under section 143(3) of the Income-tax Act, 1961. Ld. DR for the Revenue pointed out that the present appeals are to be withdrawn as the tax effect involved in the case is below Rs.50 Lacs. The CBDT vide Circular No.17/2019 dated 08.08.2019 has revised the monetary limit for filing the appeals before the Tribunal to Rs.50 Lacs. Further, CBDT vide letter dated 20.08.2019 has also clarified that Circular No.17/2019 would be applicable to all pending appeals. The present appeals filed by the Revenue in case of low tax effect are not maintainable. In conclusion, by applying the CBDT Circular dated 08.08.2019 and letter dated 20.08.2019, the captioned appeals of the Revenue are dismissed as withdrawn/not pressed. In the result, all three appeals of Revenue are dismissed. |