Revenue cannot prefer appeal before ITAT if tax effect is below the prescribed limit of Rs. 3 lacs

Dy. Commissioner of Income Tax Vs Shri Hridey Vikram (ITAT Delhi)– CBDT, vide above instruction has clearly laid down that the revenue should not prefer appeals against assessees before ITAT if the tax effect involved in the appeal, excluding interest, is less than Rs. 3 lacs. The tax payable in the present appeal being below Rs. 3 lacs, the revenue’s appeal is dismissed as not maintainable in view of CBDT Instruction.

INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH

ITA NO.

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