Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2012 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (11) TMI 514 - ALLAHABAD HIGH COURTNon-genuine interest - CIT(A)approved the Creditworthiness and identity of cash creditors - Held that:- Circular dated 27th March, 2000 issued by the Central Board of the Direct Taxes was binding upon the Department and, therefore, the appeal preferred by revenue against the order of the CIT(A) dated 26.7.2006 wherein tax effect was less than rupees two lac ought not to have been filed. Appeal is dismissed as not maintainable.
|