Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (8) TMI 514 - AT - Income TaxMaintainability of appeal - appeal within the limit prescribed by CBDT Circular No.21/2015 - Held that:- These instructions are applicable to the pending appeals also and as per clause 13, there is clear cut instruction to the department to withdraw or not to press the appeals filed before the ITAT wherein tax effect is less than ₹ 20,00,000/-. These instructions are operative retrospectively to the pending appeals. Keeping in view the CBDT Circular No. 3 of 2018 dated 11.07.2018 and also the provisions of Section 268A of Income Tax Act, 1961, we are of the view that the Revenue should have withdrawn the instant appeals filed before the Tribunal. All the appeals of the Revenue are dismissed. As the appeal of the revenue in the case of M/s Sound Craft is dismissed, Cross Objection becomes infructuous and is dismissed as such.
|