Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2018 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (4) TMI 1582 - HC - Income TaxMaintainability of appeal - tax effect - Assessee to be treated as legal representative u/s 159 - Held that:- Admittedly, the tax effect in both the assessment years is less than the threshold limit. Tax Limit in the circular dated 15.05.2008, is ₹ 4,00,000/-. We may point out that though the appeals were presented on 12.06.2006, they were numbered only in the year 2008. On the date of presentation of the appeal i.e. on 12.06.2006, Circular Instruction No.2/2005, dated 24.10.2005 was in vogue, which instructed the Department that appeals shall not be filed under Section 260A of the Income Tax Act, if the tax effect is less than ₹ 4,00,000/-.
|