ACIT, Circle-2(1)(1) vs. M/s Indra Sistemas S.A.

Parties Involved

Facts Summary

The Revenue has filed two appeals against the orders of the Commissioner of Income-tax (Appeals) pertaining to the assessment years 2016-17 and 2011-12. The assessee's counsel submitted that the tax effect in each appeal is below Rs. 60 lakhs, which is the revised monetary limit for filing departmental appeals to the ITAT as per the latest CBDT Circular No.09/2024. The CIT(DR) did not oppose the proposition. In light of the circular, the tribunal dismissed the appeals as not maintainable.…

Legal Issues

• 1. Maintainability of the appeals based on the monetary limit

Judgment Outcome

Decided in favour of Revenue.

Precedents Relied Upon

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