ITA 5875/DEL/2018 | 2015-2016
Pronouncement Date: 10-11-2021 | Result: Dismissed

Appeal Details

RSA Number 587520114 RSA 2018
Assessee PAN AACCE6247L
Bench Delhi
Appeal Number ITA 5875/DEL/2018
Duration Of Justice 3 year(s) 2 month(s)
Appellant ACIT, CIRCLE- 8(1), NEW DELHI
Appeal Type Income Tax Appeal
Pronouncement Date 10-11-2021
Appeal Filed By Department
Order Result Dismissed
Bench Allotted B
Assessment Year 2015-2016
Appeal Filed On 10-09-2018
Judgment Text
INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “B”: NEW DELHI (Through Video Conferencing) BEFORE SHRI O.P. KANT ACCOUNTANT MEMBER AND MS. SUCHITRA KAMBLE JUDICIAL MEMBER ITA No. 5875/Del/2018 Asstt. Year 2015-16 ACIT Circle-8(1) New Delhi. Vs. M/s. Easy Policy Insurance Web Aggregators Pvt. Ltd. C-56A/13 6 th Floor Unity Tech Park Sector 62 Noida Uttar Pradesh Pin 201301 PAN AACCE6247L (Appellant) (Respondent) O R D E R PER SUCHITRA KAMBLE JM This appeal is filed by the revenue against the order dated 08.06.2018 passed by the CIT (A) - 3 Delhi for Assessment Year 2015-16. Department by: Shri Sujeet Kumar CIT(DR) Assessee by : None Date of Hearing 11/11/2021 Date of pronouncement 11/11/2021 ITA No. 5875/Del/2018 2 2. At the time of hearing we inquired from the Ld. CIT (DR) as to whether the tax effect of the grounds raised by Revenue is less than the monetary limit prescribed by CBDT for filing the appeal to which she fairly admitted that the tax effect is less than the monetary limit prescribed by CBDT for filing the appeal. 3. We have heard the Ld. CIT (DR) and perused the material on record. On perusing the grounds of appeal raised by the Revenue we find that Revenue is aggrieved by the order of Learned CIT(A) in respect of the relief given by him. We find that CBDT vide Circular No. 3/2018 dated 11.07.2018 had increased the limit for filing appeal before ITAT at Rs. 20 lakhs. The limit for filing appeals before ITAT and other authorities were enhanced by CBDT vide Circular No.17 of 2019 dated 08.08.2019. As per the aforesaid CBDT Circular dated 08.08.2019 no Department appeals are to be filed against relief given by the Learned CIT(A) before the Income Tax Appellate Tribunal unless the tax effect excluding interest exceeds Rs.50 lakhs. We find that in the present case the tax effect involved is less than Rs.50 lakhs. In the absence of any material placed on record by the Revenue to demonstrate that the issue in the present appeal is covered by exceptions provided in para 10 of the aforesaid CBDT Circular of 11.07.2018 we are of the view that the monetary limit prescribed by the instructions of the CDBT Circular dated 08.08.2019 would be applicable to the present appeal of the Department. We therefore hold the present appeal of Revenue to be not maintainable on account of low tax effect. However in case there ITA No. 5875/Del/2018 3 is any error in the computation of the tax effect involved or if for any reason the aforesaid CBDT Circular is not applicable it would be open to the Revenue to seek revival of the appeal. Thus the appeal of the Revenue is dismissed. 4. In the result the appeal of Revenue is dismissed. Order pronounced in the open court on 11/11/2021 immediately after conclusion of the hearing of the matter in virtual mode. sd/- sd/- (O.P. KANT) (SUCHITRA KAMBLE) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated: /11/2021 Veena Copy forwarded to 1. Applicant 2. Respondent 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT New Delhi