9911796707
TMI Blog2019 (8) TMI 14X X X X Extracts X X X X X X X X Extracts X X X X ..... ds taken by the Revenue in respect of allowance of the deduction on the value of land? - appellant submitted that in the event it is found that these appeals are not hit by the monetary limit of the circular, the Revenue should be permitted to restore these appeals - HELD THAT:- The submission made by the learned counsel for the appellant is accepted and liberty is granted to the appellant to rest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ON JUDGMENT T.S.SIVAGNANAM, J. These appeals by the Revenue, filed under Section 260A of the Income-tax Act, 1961, are directed against the common order dated 05.03.2018, passed by the Income-tax Appellate Tribunal 'A' Bench, Chennai in I.T.A.Nos.860/Chny/2017 and 1196/Chny/2017 for the assessment year 2013-14. 2.The Revenue has raise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /Revenue; and Mr.R.Sivaraman, learned counsel for the respondent/assessee. 4.In terms of the instruction given to the learned Standing Counsel for the appellant/Revenue, it is seen that the tax effect involved in the case is stated to be ₹ 20,83,790/-. This is well below the threshold limit in terms of the recent circular issued by the Board in Circular No.3/2018, dated 11.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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