Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2011 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (4) TMI 163 - AT - Income TaxMonetary limit for filing the appeal - the assessee pointed out that the monetary limit for filing the departmental appeal before the Appellate Tribunal has been fixed at Rs.3 lacs i.e. to say that department appeals shall not be filed in cases where the tax effect does not exceed the monetary limit of 3 lakhs - the issue was held in against the Revenue by the ITAT order in the case of Living Stores Jewellery (P) Ltd. vs. DCIT, which the CIT(A) followed - Hence, the appeals filed by the Revenue are dismissed - Decided in favour of assessee.
|