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2012 (3) TMI 346 - AT - Income TaxMonetary limit - Disallowance of interest - Held that:- Tribunal in the case of ITO v. Speciality Coatings and Lamination Ltd. [2011 (12) TMI 25 - ITAT DELHI] has held that the real tax effect and not the notional tax effect has to be taken into account while computing the monetary ceiling in respect of appeals filed prior to the issue of Instruction of May 15, 2008. The case of the assessee is identical. We have therefore to follow the decision of co-ordinate Bench of the Tribunal (supra), and respectively following the same, we dismiss both appeals filed by the Revenue as non-maintainable.
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