Tribunal justifies CIT(A) in refusing to entertain the appeal because of the insignificant amount involved in the matter

DCIT  Vs. Puja Gautam (ITAT Delhi)– The Revenue is aggrieved by an order dated 8th August, 2006 passed by the Income Tax Appellate Tribunal, Delhi Bench ‘D’ in IT(SS) No. 513/Del/2003 relevant for the block period 1st April, 1990 to 14th February, 2001. The question that arose before the Assessing Officer was with regard to certain deposits in the bank account of the Assessee and since the amounts were not explained, tax was levied. In appeal, the Commissioner of Income Tax (Appeals) accepted the view canvassed by the Assessee and held that the explanation given by him was acceptabl...