IN THE INCOME TAX APPELLATE TRIBUNAL, RANCHI BENCH, RANCHI BEFORE S/SHRI GEORGE MATHAN, JUDICIAL MEMBER AND RATNESH NANDAN SAHAY, ACCOUNTANT MEMBER ITA No.37/RAN/2025 Assessment Year: 2021-22 ITA No.52/Ran/2025 Assessment Year: 2022-23 C.O.N o.01/Ran/2025 (in ITA No.52/Ran/2025 Assessment Year: 2022-23 JCIT, Circle-1, Jamshedpur Vs. M/s. Noody Auto Pvt Ltd.,Plot No.M4 & M5, Part, Phase VII, Industrial area, Gamharia Seraikela Adityapur, West Singhbhum PAN/GIR No.AACCM 2648 G (Appellant) .. ( Respondent) Assessee by : Shri Nitin Pasari/Shubham Choudhary, ARs Revenue by : Shri Ashish Kumar Deharia, ld CIT DR Date of Hearing : 20/04/2026 Date of Pronouncement : 20/04/2026 O R D E R Per Bench ITA No.37/Ran/2025 for the assessment year is an appeal filed by the revenue against the order of ld CIT(A), NFAC, Delhi dated 14.8.2024 in Appeal No.NFAC/2020-21/10209914.

2. At the outset, ld AR of the assessee submitted that the appeal of the revenue deserves to be dismissed due to low tax effect in view of the CBDT Circular No. No.09/2024 dated 17.9.2024, whereby the threshold limit for filing of appeals by the Revenue before the ITAT has been fixed at Rs.60 lakhs unless the case fell in any of