2019 (11) TMI 1308

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....r. Rajan Bhatia, Adv. O R D E R In both these appeals, the submission of learned counsel for the respondent is that the tax effect is below Rs. 1 crore and, therefore, these appeals should be withdrawn by the department in light of the Circular No. 3/2018, dated 11.07.2018 bearing F No 279/ Misc. 142/ 2007- ITJ (Pt), issued by the Government of India, Ministry of Finance, Department of Reven....

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....ces received by the assessee for supply and installation of lifts and modernisation jobs relating to lifts. In respect of those aspects, the revenue had preferred appeals relating to both the assessment years aforesaid. Those appeals have been decided by the Tribunal by the impugned order. The revenue has preferred other appeals, which are also listed today in relation to the orders passed in t....

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....f the said circular, which reads as follows: "4. For this purpose, 'tax effect' means the difference between the tax on the total income assessed and the tax that would have been chargeable had such total income been reduced by the amount of income in respect of the issues against which appeal is intended to be filed (hereinafter referred to as 'disputed issuesl Further, '....

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....of income in respect of the issues against which appeal is intended to be filed. She submits that since the ITAT has deleted the additions made by the Assessing Officer, not only in respect of the advances received towards AMC, but in respect of other advances received by the assessee towards supply and installation of lifts and modernisation of lifts, the tax effect would have to be computed cumu....