Iapl/256/2017 Of Principal Commissioner Of Income Tax v. Shri Atul Kumar Saraf

Case :- INCOME TAX APPEAL No. - 256 of 2017 Appellant :- Principal Commissioner Of Income TaxRespondent :- Shri Atul Kumar SarafCounsel for Appellant :- Shubham AgrawalCounsel for Respondent :- Ashish Bansal,Surendra Kumar Garg Hon'ble Naheed Ara Moonis,J.Hon'ble Saumitra Dayal Singh,J. 1. Heard Sri Shubham Agrawal, learned counsel for therevenue and Sri Ashish Bansal, learned counsel for therespondent. 2. Present appeal has been filed by the revenue underSection 260(A) of the Income Tax Act, 1961 arising fromthe order of the Income Tax Appellate Tribunal, LucknowBench "B", Lucknow dated 28.04.2017 passed in IncomeTax Appeal Nos.559 & 560/LKO/2016 for A.Ys. 2013-14 &2014-15. 3. At the outset, it has been stated at the Bar that therevenue involved in the present appeal is below themonetary limit of Rs.1 crore set by the CBDT vide itsCircular No.17/2019, dated 8-Aug-2019. 4. In view of the above, it is stated that the present appealis not maintainable as the appeal is below monetary limit. 5. The above position being admitted to the parties, thepresent appeal is dismissed for reason of the disputedtax being below threshold limit. Order Date :- 4.10.2021S.Chaurasia