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ITAT Delhi Dismisses Revenue's Appeals for Low Tax Effect The Appellate Tribunal ITAT Delhi dismissed multiple appeals filed by the Revenue against CIT(A) orders due to low tax effect below Rs. 20 lakhs, in ...
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ITAT Delhi Dismisses Revenue's Appeals for Low Tax Effect
The Appellate Tribunal ITAT Delhi dismissed multiple appeals filed by the Revenue against CIT(A) orders due to low tax effect below Rs. 20 lakhs, in accordance with CBDT Circular No.03/2018. The appeals were not individually notified to assessees, with notices posted on the Notice Board. The Tribunal's decision, based on the circular's monetary limit, resulted in the dismissal of all appeals during the hearing on 2nd August 2018.
Issues: - Low tax effect in appeals filed by Revenue below Rs. 20 lakhs - Dismissal of appeals based on CBDT Circular No.03/2018
Analysis: The judgment by the Appellate Tribunal ITAT Delhi involved multiple appeals filed by the Revenue against separate orders of the CIT(A). The appeals were scheduled for a hearing due to their low tax effect, with the notices affixed on the Notice Board and no separate notices issued to individual assessees. The tax effect in each appeal was found to be below Rs. 20 lakhs, in line with the CBDT Circular No.03/2018 dated 11th July, 2018, which raised the monetary limit for filing appeals by the Revenue before the Tribunal to Rs. 20 lakhs. Consequently, the Tribunal dismissed all the appeals filed by the Revenue based on the monetary limit specified in the circular. The order was pronounced on 2nd August 2018 during the hearing itself, bringing a conclusion to the matter.
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