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| The Tax Publishers2020 TaxPub(DT) 2720 (Ahd-Trib) : (2020) 183 ITD 0581 INCOME TAX ACT, 1961
Section 253
Since monetary effect in appeal filed by revenue before Tribunal did not exceed Rs. 50 lakhs, therefore in term of Circular No. 17, dated 8-8-2019, appeal was dismissed as not maintainable on account of having lower tax effect.
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Appeal (Tribunal) - Maintainability - Lower tax effect -
Revenue filed appeal against order of CIT(A) involving validity of penalty imposed under section 271(1)(c).Assessee contended that tax effect in instant appeal was lower than prescribed monetary limit. Held: Since monetary effect in appeal filed by revenue before Tribunal did not exceed Rs. 50 lakhs, therefore in term of Circular No. 17, dated 8-8-2019, appeal was dismissed as not maintainable on account of having lower tax effect.
REFERRED :
FAVOUR : In assessee's favour
A.Y. : 2012-13
IN THE ITAT, AHMEDABAD 'A' BENCH
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