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2011 (2) TMI 1246 - MADHYA PRADESH HIGH COURTWhether I.T.A.T. Was justified in confirming the order of the DCIT(A) deleting the amount on the basis of finding given by the Tribunal vide order dated 25.9.1989 when the said order was not in conformity with the earlier findings of the Tribunal for the Asstt. Years 1976-77 and 77-78 – respondent raised a preliminary objection that in the case, tax liability is less than Rs.2 lakh, so the aforesaid reference is incompetent and may be decided in the light of the judgment of this Court in Commissioner of Income- Tax vs. Ashok Kumar Manibhai Patel and Co., (2007 - TMI - 35003 - MADHYA PRADESH HIGH COURT) – Held that:- Board Circular dt.27.3.2000 was applicable even to the old references which are still pending and are undecided. By circular dated 27.3.2000 financial limit to the extent of tax liability of Rs.2 lakh was fixed, which is applicable in this case, question need not be answered in the light of the aforesaid circular of the CBDT and the judgment of this Court in Ashok Kumar Manibhai Patel and Co.(supra), reference is disposed of finally
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