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Income Tax Appellate Tribunal - Delhi

Dcit, Circle- 10(2), New Delhi vs Green Infra Btv Ltd., New Delhi on 28 August, 2019

            IN THE INCOME TAX APPELLATE TRIBUNAL
                  DELHI BENCH : B : NEW DELHI
       BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER
                           AND
          MS SUCHITRA KAMBLE, JUDICIAL MEMBER
                                   ITA No.398/Del/2019
                                 Assessment Year: 2015-16

DCIT,                                   Vs        Green Infra BTV Ltd.,
Circle-10(2),                                     2nd Floor, Tower-2,
New Delhi.                                        NBCC Plaza, Pushp Vihar,
                                                  Sector-5, Saket,
                                                  New Delhi.
                                                  PAN: AADCT0420H

      (Appellant)                                        (Respondent)

                Assessee by                  :      None
                Revenue by                   :      Ms Naina Soin Kapil, Sr. DR

                Date of Hearing              :      23.08.2019
                Date of Pronouncement        :      28.08.2019

                                                 ORDER
PER R.K. PANDA, AM:

This appeal filed by the Revenue is directed against the order dated 01.10.2018 of the CIT(A)-4, New Delhi, relating to assessment year 2015-16.

2. None appeared on behalf of the assessee. Since the tax effect involved in the grounds raised by the Revenue is below Rs.50 lakhs, therefore, this appeal was taken for hearing.

3. A perusal of the record shows that tax effect involved in the grounds raised by the Revenue is below Rs.50 lakhs. The CBDT, vide Circular No.17/2019 dated 8th August, 2019 has raised the monetary limit for filing of appeal by the Revenue before the Tribunal to Rs.50 lakhs. Vide Notification dated 20th August, 2019 it has been clarified that the revised monetary limit so mentioned in the Circular No.17/2019 is applicable even to pending ITA No.398/Del/2019 appeals. Since, in the instant case, admittedly, the tax effect involved in the grounds raised by the Revenue is below Rs.50 lakhs, therefore, in view of the CBDT Circular No.17/2019 dated 8th August, 2019 and the subsequent clarification by the CBDT on 20th August, 2019 to the effect that the said Circular is applicable even to pending appeals, the appeal filed by the Revenue is not maintainable. Accordingly, the same is dismissed.

4. In the result, the appeal filed by the Revenue is dismissed.

The decision was pronounced in the open court on 28.08.2019.

              Sd/-                                                           Sd/-

     (SUCHITRA KAMBLE)                                              (R.K. PANDA)
       JUDICIAL MEMBER                                           ACCOUNTANT MEMFBER
Dated: 28th August, 2019
dk
Copy forwarded to :
1.    Appellant
2.    Respondent
3.    CIT
4.    CIT(A)
5.    DR
                                                            Asstt. Registrar, ITAT, New Delhi




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