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| The Tax Publishers2020 TaxPub(DT) 0578 (Del-Trib) INCOME TAX ACT, 1961
Section 254
Where tax effect in instant appeal was below prescribed monetary limit of Rs. 50 lacs, therefore, in view of CBDT Circular No. 17/2019, dt. 8-8-2019, the same would not be maintainable on account of low tax effect.
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Appeal (Tribunal) - Maintainability - Low tax effect -
Aggrieved by an order of CIT (A), Revenue preferred an appeal before Tribunal. Assessee contended that the said appeal was having low tax effect, thus the same was not maintainable. Held: Since tax effect in instant appeal was below prescribed monetary limit of Rs. 50 lacs, therefore, in view of CBDT Circular No. 17/2019, dt. 8-8-2019, the same would not be maintainable on account of low tax effect.
REFERRED :
FAVOUR : In assessee's favour
A.Y. :
INCOME TAX ACT, 1961
Section 153A
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