Appeal Details
Counselvise Citation
[2023] 140 COUNSELVISE.COM (IT) 116406 (ITAT-DELHI)
Assessee PAN
Bench
Appeal Number
CRN Number
Duration Of Justice
1 year(s) 8 month(s) 13 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
30-10-2023
Appeal Filed By
Department
Order Result
Dismissed
Bench Allotted
F
Next Hearing Date
30-10-2023
Assessment Year
2017-2018
Appeal Filed On
15-02-2022
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’, NEW DELHI BEFORE SH. N. K. BILLAIYA, ACCOUNTANT MEMBER AND MS. ASTHA CHANDRA, JUDICIAL MEMBER ITA No.309/Del/2022 Assessment Year: 2017-18 DCIT CC Uttarpradesh Vs Rajveer Singh Jamalpur Hiranagar, Muzaffarnagar (APPELLANT) (RESPONDENT) Appellant by Sh. P.N. Barnwal, CIT DR Respondent by Ms. Ayushi Gupta, CA Date of hearing: 31/10/2023 Date of Pronouncement: 31/10/2023 ORDER PER N. K. BILLAIYA, AM: This appeal filed by the revenue is preferred against the CIT(A)-4, Kanpur, dated 14.12.2021 for A.Y. 2017-18. 2. The solitary grievance of the revenue is that the CIT(A) erred in deleting the addition of Rs.65,00,000/- on account of unexplained unsecured loans u/s. 68 of the Act. 3. A perusal of the grievance of the revenue show that the tax effect would be less than Rs. 50 lakhs, therefore, this appeal is 2 not maintainable as per CBDT Circular No. 17/2019 dated 08.08.2019. 4. This appeal is, accordingly, dismissed with liberty to the revenue to approach the Tribunal as per the provisions of law, should it feel that the tax effect is more than Rs. 50 lakhs. 5. In the result, the appeal filed by the revenue is dismissed. 6. The order is pronounced in the open court on 31.10.2023 in the presence of both the rival representatives. Sd/- Sd/- (ASTHA CHANDRA) (N. K. BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER *NEHA* Date:- .10.203 Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI
Other Referred Cases
-
Laws Referred To
-
1:1 Consultation on Salary Structuring
₹1
1:1 Consultation on Tax Litigation
₹0
1:1 Consultation on Legal Requirements
₹1
Memorandum Amendment Resolution
₹0
No Objection Letter for Use of Property – Partnership Firm
₹0
Finance Bill, 2026: Key Direct Tax Amendments on Assessments and Appeals
Team Counselvise - February 06, 2026
Budget 2026: 5 Major Personal Tax Changes Every Taxpayer Must Know
Team Counselvise - February 05, 2026
When Global Talent Meets GST: The Huawei Secondment Ruling explained
Team Counselvise - March 09, 2026