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Revising the monetary limit for filing of the departmental appeals to the ITAT

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Court :
ITAT New Delhi

Brief :
 These appeals by the Revenue for the assessment years 2013-14 & 2014-15 are directed against the order of learned CIT-44, New Delhi dated 30th November, 2017 and 31st October, 2017.

Citation :
ITA 4852/DEL/2018

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL
DELHIBENCH‘A’ : NEW DELHI : NEW DELHI : NEW DELHI
(Through Video Conferencing) (Through Video Conferencing)

BEFORE SHRI G.S. PANNU, BEFORE SHRI G.S. PANNU,VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND
SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER , JUDICIAL MEMBER

ITA Nos.4851/Del/2018 & 4852/Del/2018
Assessment Years : 2013-14 & 2014-15

Assistant Commissioner of
Income Tax, Income Tax,
Circle- Circle-1(2)(2), 1(2)(2), 1(2)(2),
(Intl.Tax.), (Intl.Tax.),
New Delhi. New Delhi.
 (Appellant) 

Vs. 

M/s DHI , Denmark,
Agern Alle- Agern Alle-5, Horsholm, 5, Horsholm, 5, Horsholm,
Denmark DK 2970 foreign- Denmark DK 2970 foreignDenmark 999999. Denmark 999999.
PAN : AAAAD6164H. PAN : AAAAD6164H.
(Respondent)

Appellant by : Shri M. Baranwal, Senior DR.
Respondent by : Ms. Prashuka Jain, CA.

Date of hearing : 26.03.2021
Date of pronouncement : 26.03.2021

ORDER

PER G.S. PANNU, PER G.S. PANNU, VP:

 These appeals by the Revenue for the assessment years 2013-14 & 2014-15 are directed against the order of learned CIT-44, New Delhi dated 30th November, 2017 and 31st October, 2017.

2. At the time of hearing before us, it was submitted by the learnedcounsel for the assessee that the tax effect in these appeals by theRevenue is below Rs.50 Lakhs. The CBDT in its Circular No.17/2019dated 8th August, 2019 has revised the monetary limit for filing of the departmental appeals to the ITAT at Rs. 50 Lakhs.

3. Learned Senior DR agreed with the same. 

4. In view of the above position, we deem it proper to dismiss the appeals of the Revenue in the light of the Circular No.17/2019 of CBDTdated 8th August, 2019.

5. In the result, the appeals of the Revenue are dismissed.

Above decision was announced in the presence of both parties on conclusion of Virtual Hearing on 26th March, 2021.

 Sd/-                                                               Sd/-
(K. NARASIMHA CHARY)                            (G.S. PANNU)
JUDICIAL MEMBER                                      VICE PRESIDENT

VK.
Copy forwarded to: -
1. Appellant
2. Respondent
3. CIT
4. CIT(A)
5. DR, ITAT

Assistant Registrar 

 

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on 19 April 2021
Published in Income Tax
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