INCOME TAX OFFICER, BOKARO V. AJIT KUMAR, BOKARO

ITA 339/RAN/2024

AI Insights

The case involves an appeal by the Income Tax Officer, Bokaro against Ajit Kumar, concerning an order from the National Faceless Appeal Centre (CIT(A)). The appeal was dismissed at the outset because the tax effect involved was below the threshold set by a recent CBDT circular, which stipulates that only cases involving a tax effect above a certain amount should be pursued in higher appellate forums. Both parties agreed on this procedural dismissal during the hearing.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 777006 (ITAT-RANCHI)
• Duration Of Justice: 1 year(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-09-2025
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2013-2014
• Appeal Filed On: 17-08-2024
• Laws Referred To: Income Tax Act
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

" IN THE INCOME TAX APPELLATE TRIBUNAL BENCH-RANCHI VIRTUAL HEARING AT KOLKATA Before Shri Sonjoy Sarma, Judicial Member and Shri Ratnesh Nandan Sahay, Accountant Member I.T.A. No.335/Ran/2024 Assessment Year: 2013-14 ITO, Bokaro………….……….....................…...........................……….……Appellant vs. Ajit Kumar……….……………..…..…..….…..………........……...…..…..Respondent Qtr. No.7347, Sector-4/F, B.S. City, Jharkhand - 827004. [PAN: AEMPK3625H] Appearances by: Shri Khubchand T. Pandya, Sr. DR,, appeared on behalf of the appellant. Shri Shri Devesh Poddar, AR appeared on behalf of the Respondent. Date of concluding the hearing : September 11, 2025 Date of pronouncing the order : September 16, 2025 ORDER Per Sonjoy Sarma, Judicial Member: The present appeal has been preferred by the revenue against an order dated 05.06.2024 of the National Faceless Appeal Centre [hereinafter referred to as ‘CIT(A)’] passed u/s 250 of the Income Tax Act (hereinafter referred to as the ‘Act’). 2. At the time of hearing, the ld. AR stated that the instant appeal filed by the revenue needs to be dismissed since the tax effect involved in the appeal is below the monetary limit as per Circular No.9/2024 dated 17.09.2024 issued by CBDT. The tax effect as per computation sheet is only Rs.36,85,515/-, therefore, it is liable to be dismissed as per CBDT circular dated 17.09.24. 3. On the above prayer of the ld. AR, the ld. DR did not object and agreed that the instant appeal is below the monetary limit as prescribed by CBDT circular dated 17.09.24. Printed from counselvise.com I.T.A. No.335/Ran/2024 Ajit Kumar 2 4. We, therefore, considering the submissions of the parties and perusing the materials available on record, find that the instant appeal is below the monetary limit as prescribed by CBDT circular dated 17.09.24 and accordingly, the instant appeal is dismissed as tax effect is below the prescribed limit. 5. In terms of the above, the appeal of the revenue is dismissed as low tax effect. Kolkata, the 16th September, 2025. Sd/- Sd/- [Ratnesh Nandan Sahay] [Sonjoy Sarma] Accountant Member Judicial Member Dated: 16.09.2025. RS Copy of the order forwarded to: 1. Appellant 2. Respondent 3. CIT(A)- 4. CIT- , 5. CIT(DR), //True copy// By order Assistant Registrar, Kolkata Benches Printed from counselvise.com "