ITA Nos. 260 & 263/CHD/2024

Parties Involved

Facts Summary

The appeals were filed by the Revenue against the separate orders of the Ld. CIT(A) NFAC, Delhi dated 18.01.2024 pertaining to assessment years 2013-14 and 2016-17. The tax effects involved in the appeals were Rs.58,43,148/- and Rs.13,05,224/- respectively. According to the CBDT Circular No.09/2024 dated 17.09.2024, the monetary limit for an appeal to be filed by the Revenue before the ITAT is Rs. 60 lacs. Since the tax effects in both appeals were below this limit, the appeals were dismissed.…

Legal Issues

• 1. Whether the appeals filed by the Revenue are maintainable?

Judgment Outcome

Decided in favour of Revenue.

Precedents Relied Upon

Similar Judgements

• INCOME TAX OFFICER, JIND VS. KULBHUSHAN KANSAL

  DELHI BENCH “C”, NEW DELHI benchAY 2015-16Dismissed

• ITA NO. 2702/Del/2024

  Delhi bench

• INCOME TAX OFFICER, WARD 4(1), GURGAON VS. VISHAL AHUJA

  DELHI BENCH “C” benchAY 2011-12Dismissed

• I.T.A. No.: 1645/KOL/2024

  Kolkata bench

• Asstt. Commissioner of Income Tax v/s Mahatma Fule Gramin Bigar Sheti Sahakari Patsanstha

  Nagpur bench

• DCIT, Central Circle-3(1), Kolkata vs. Chirag Jewellers

  Kolkata bench