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| The Tax Publishers2020 TaxPub(DT) 4397 (Bang-Trib) : (2020) 185 ITD 0441 : (2020) 083 ITR (Trib) 0386 INCOME TAX ACT, 1961
Section 254
As tax effect involved in appeal preferred before Tribunal was below Rs. 50 lakhs, the said appeal would not be maintainable due to low tax effect as per latest instructions of CBDT.
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Appeal (Tribunal) - Maintainability - Low tax effect -
Revenue preferred an appeal before Tribunal. It was submitted that tax effect involved in said appeal was below Rs. 50 lakhs; therefore, the same was not maintainable because of low tax effect.Held: Since tax effect involved in appeal preferred before Tribunal was below Rs. 50 lakhs, the said appeal would not be maintainable due to low tax effect as per latest instructions of CBDT.
REFERRED :
FAVOUR : In assessee's favour
A.Y. : 2011-12
INCOME TAX ACT, 1961
Section 40A(9)
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