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2018 (7) TMI 2182 - AT - Income TaxMaintainability of appeal on low tax effect - HELD THAT:- CBDT has issued circular No. 3/2018 dated 11th July, 2018 vide which it has been decided by the Board that the departmental appeals shall not be filed before the ITAT in cases where the tax effect does not exceed the monetary limit of ₹ 20 lacs. Also specified at para 13 of the CBDT circular No. 3/2018 that this circular shall apply retrospectively to pending appeals below the specified tax limit. We consider that the CBDT has issued the circular 3/2018 dated 11th July, 2018 envisaging therein that department ’s pending appeals before the Tribunal are to be withdrawn/not pressed as per the above stated circular, therefore, appeal of the revenue is required to be dismissed in l imine. The ld. D.R. has fairly admit ted that the applicability of the CBDT Circular no. 3 of 2018 dated 11th July, 2018. In the light of the above CBDT’s circular, we find that the appeals filed by the Revenue are not maintainable and cross object ions of the assessee on account of merely supporting the order of ld. CIT(A) are also dismissed as infructuous.
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