The Tax Publishers2020 TaxPub(DT) 2071 (Bang-Trib)

INCOME TAX ACT, 1961

Section 268A

Since tax effect involved in appeal filed by revenue was less than Rs. 50 lakhs, therefore, same was not maintainable in view of CBDT Circular No. 17/2019, dated 8-8-2019.

Appeal (Tribunal) - Maintainability - Low tax effect -

Revenue challenged order of CIT(A) by way of appeal filed before ITAT, however, tax effect was below Rs. 50 lakhs. Held: Since tax effect involved in appeal filed by revenue was less than Rs. 50 lakhs, therefore, same was not maintainable in view of CBDT Circular No. 17/2019, dated 8-8-2019.

REFERRED :

FAVOUR : In assessee's favour.

A.Y. : 2012-13

INCOME TAX ACT, 1961

Section 40(a)(ia)

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