ITO, Ward-1, Guntur v. Pothakamuri Cecil Prem
[Citation -2019-LL-0830-1]
| Citation | 2019-LL-0830-1 |
|---|---|
| Appellant Name | ITO, Ward-1, Guntur |
| Respondent Name | Pothakamuri Cecil Prem |
| Court | ITAT-Visakhapatnam |
| Relevant Act | Income-tax |
| Date of Order | 30/08/2019 |
| Assessment Year | 2013-14 |
| Judgment | View Judgment |
| Keyword Tags | tax effect • monetary limit |
| Bot Summary: | ORDER PER V. DURGA RAO, JUDICIAL MEMBER This appeal by the Revenue is directed against the order of Commissioner of Income Tax-2, Guntur, dated 14/08/2018 for the Assessment Year 2013-14. AR has submitted that the tax effect involved in this appeal is below Rs.50.00 lakhs and as per the CBDT Circular No. No.17/2019, dated 08/08/2019, this appeal is not maintainable and requested for dismissal of the same. DR fairly accepted that the tax effect involved in this appeal is below Rs. 50.00 lakhs. In view of the CBDT Circular No.17/2019, dated 08/08/2019, which was followed by Notification No.279/Misc/M-93/2018-ITJ, dated 20/08/2019 wherein clarified that the revised monetary limits mentioned in Circular No.17/2019 are applicable to all pending appeals also, this appeal filed by the Revenue is not maintainable and is dismissed accordingly. In the result, appeal filed by the Revenue is dismissed. Order Pronounced in open Court on this 30th day of August, 2019. |