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2020 (1) TMI 1172 - MADHYA PRADESH HIGH COURTMaintainability of appeal - low tax effect - Monetary limit - Tax effect in the present case is less than ₹ 2.00 lacs - Appellant has argued before this Court that the appeal cannot be disposed of in view of CBDT circular dated 10.12.2015 read with circular dated 11.07.2018 as there is an audit objection - HELD THAT:- Learned counsel for the appellant has merely stated that there was an audit objection and therefore, in light of the Division Bench judgement of the Bombay High Court in M/S. NAWANY CONSTRUCTION CO. PVT. LTD. [2018 (9) TMI 800 - BOMBAY HIGH COURT] mere raising of this objection in terms of a circular is not enough. The Revenue has not pointed out that this audit objection has been accepted by the department nor any record has been placed before us and therefore, present income tax appeal stands disposed of keeping in view the CBDT circulars dated 10.12.2015 and 11.07.2018.
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