Court No. - 3
Case :- INCOME TAX APPEAL No. - 57 of 2010 Appellant :- The Commissioner Of Income Tax Gorakhpur And Another Respondent :- All India Children Care And Educational Devlp. Auth.
Counsel for Appellant :- Gaurav Mahajan Counsel for Respondent :- S.K.Garg,Ashish Bansal
Hon'ble Naheed Ara Moonis,J. Hon'ble Saumitra Dayal Singh,J.
1. Heard Sri Gaurav Mahajan, learned counsel for the revenue and Sri Ashish Bansal, learned counsel for the assessee.
2. Present appeal has been filed by the revenue under Section 260(A) of the Income Tax Act, 1961 arising from the final order of the Income Tax Appellate Tribunal, Allahabad Bench, Allahabad dated 11.09.2009 passed in Income Tax Appeal No. 506/Alld/2003 for A.Y. 1998-99.
3. At the outset, it has been stated at the Bar that the revenue involved in the present appeal is below the monetary limit of Rs.1 crore set by the CBEC vide its Circular No.390/Misc./116/2017-JC dated 22-Aug-2019.
4. In view of the above, it is stated that the present appeal is not maintainable as the appeal is below monetary limit.
5. The above position being admitted to the parties, the present appeal is dismissed for reason of the disputed tax being below threshold limit.
Order Date :- 20.9.2021 Abhilash