Appeal by revenue before ITAT not maintainable if tax effect is not above Rs.3 lakhs

We have heard the rival submissions and perused the material available on record. We find that the tax effect in the present case is below Rs.3 lakh and we find that as per this Board instruction No.3 dated 9.2.2011, the limit of tax effect for filing the appeal before the Tribunal has been increased to Rs. 3 lakhs and the  same for filing appeal before Hon’ble High Court has been increased to Rs.10 lakhs. In the case of CIT Vs. Rajan Ramanee (supra), the Hon’ble Delhi High Court has applied this Board instruction dated 9.2.2011 and dismissed the appeal of the revenue because of low t...