9911796707
TMI Blog2018 (11) TMI 1828X X X X Extracts X X X X X X X X Extracts X X X X ..... order passed u/s.147 of the I.T Act, 1961 that the assessee has not provided any documentary evidence of expenditure - HELD THAT:- In the present case, tax effect on the total income assessed minus the tax that would have been chargeable had such total income been reduced by the amount of income in respect of the issue against which appeal is filed, is less than ₹ 20 lakhs. Further, the c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Nair, Sr. DR For the Assessee : None ORDER PER AMARJIT SINGH, ACCOUNTANT MEMBER: This revenue s appeal for A.Y. 2010-11, arises from order of the ld.CIT(A), Valsad, dated 08/06/2017, in proceedings under section 143(3) of the Income Tax Act, 1961; in short the Act . 2. The solitary grievance of the Revenue is that the ld. CIT(A) is right in quashing the assessment on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed in accordance with law. 4. We find that the appeal of the Revenue is presented on 31/08/2017. On 11/07/2018 the CBDT has issued Instructions bearing No. 3 of 2018 under file No.F.No.279/Misc.142/2007-ITJ(Pt) prohibiting its subordinate authorities from filing of the appeal to the Tribunal against the order of the CIT(A) where the tax effect by virtue of the relief given by the CIT(A) is less ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at the end of the AO it comes to the notice that the tax effect is more or Revenue s case falls within the ambit of exceptions provided in the Circular, then the Department will be at liberty to approach the Tribunal for recall of this order. Such application should be filed within the time period prescribed in the Act. In view of the above, the appeal of the Revenue is dismissed due to low tax ef ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
