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TMI Blog2018 (9) TMI 2073X X X X Extracts X X X X X X X X Extracts X X X X ..... aintainable in view of the recent CBDT Circular No.3/2018 in F.No.279/Misc.142/2007-ITJ (Pt) dated 11th July, 2018, vide which it has been decided by the Board that no departmental appeals should be filed before the Tribunal if the tax effect by virtue of the Commissioner of Income-tax (Appeals) s order is below ₹ 20 Lacs. The Board has provided exemptions at clause (10) of the Instructions ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... venue : Shri Surendra Kumar, CIT (D.R.) Shri Mudit Nagpal, Sr. D.R. For the Assessee : Shri S.N. Soparkar, A.R Shri Anil R Shah, A.R. ORDER PER MADHUMITA ROY, JUDICIAL MEMBER: Appeal filed by the Revenue and Cross Objection filed by the assessee are directed against the order dated 5th January, 2015 passed by the learned CIT(A)-8, Ahmedabad for the assessment year 2011-12 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the outset, learned counsel for the assessee submitted that the present appeal of the Revenue needs to be dismissed on account of low tax effect in view of the recent CBDT Circular No.3 of 2018 dated 11.07.2018. The learned Departmental Representative fairly admitted that the tax effect involved in this appeal is less than the limit prescribed by the aforesaid CBDT Circular. 4. We have heard ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dit objection in the case has been accepted by the Department or where the addition relates to undisclosed foreign assets/bank accounts etc. We find that the present case does not fall within the exemption clause and the tax effect is less than ₹ 20 Lacs. Therefore, the present appeal is not maintainable and hence dismissed. 5. In the result, appeal filed by the Revenue is dismissed. 6 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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