The Tax Publishers2020 TaxPub(DT) 5172 (Mad-HC) : (2020) 274 TAXMAN 0440

INCOME TAX ACT, 1961

Section 260A

Where tax effect involved in appeal filed before High Court was less than Rs. 1 crore, therefore, in view of CBDT's Circular No. 17/2019 dated 8-8-2019, the said appeal was rightly dismissed on account of low tax effect.

Appeal (High Court) - Maintainability - Low tax effect -

Revenue filed an appeal before High Court. During course of hearing, it was submitted on behalf of the Revenue that tax effect involved in instant appeal was less than Rs. 1 crore; therefore, in view of CBDT's Circular No. 17/2019 dated 8-8-2019, the said appeal had to be dismissed. Held: Since tax effect involved in appeal filed before High Court was less than Rs. 1 crore, therefore, in view of CBDT's Circular No. 17/2019 dated 8-8-2019, the said appeal was dismissed on account of low tax effect.

REFERRED :

FAVOUR : Against the appellant

A.Y. :



IN THE MADRAS HIGH COURT

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