TMI Blog2016 (1) TMI 1189X X X X Extracts X X X X X X X X Extracts X X X X ..... ITI(Pt) issued by the CBDT. Having regard to the circumstances of the case, we dismiss the appeal of the Revenue as withdrawn/not pressed, as pronounced in the open court. - ITA No.631(BNG.)/2011 - - - Dated:- 6-1-2016 - SHRI N.V.VASUDEVAN, JUDICIAL MEMBER AND SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER Revenue by : Shri Sunil Kumar Aggarwala, JCIT Assessee by : Shri S.Venkatesan CA S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... concerned authority has to withdraw its appeal or it need not press the same. It is further specified that the tax effect indicated therein is applicable to all pending appeals, though they are filed by the Revenue prior to the issuance of the said circular. It was also clarified that the Assessing Officer has to calculate the tax effect separately for every assessment year in respect of the dispu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ible to file appeal, even though the tax effect in each of those years is less than ₹ 10 lakhs. It was also clarified that merely because the appeal is dismissed for want of tax effect, it does not come in the way of the Department in filing appeal for other years(s), and it does not mean that the Department has acquiesced the issue. 2. The above circular was specifically made applicable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d limit in para-3 of the above circular issued by the CBDT. Having regard to the circumstances of the case, we dismiss the appeal of the Revenue as withdrawn/not pressed, as pronounced in the open court. 4. However, the revenue is at liberty to move appropriate application/petition in case it is found that the case is covered by one of the exception(s) carved out in the said Circular. 5. In ..... X X X X Extracts X X X X X X X X Extracts X X X X
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