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2021 (4) TMI 1284 - AT - Income TaxMaintainability of appeal - low tax effect - HELD THAT:- This Tribunal has dismissed the Revenue’s appeal on account of low tax effect; however the Revenue was given liberty to get the appeal reviewed if the tax effect discovered later on, is more than the monetary limit prescribed by the CBDT. The Ld. DR has furnished before us, computation of the tax effect which comes to ₹ 75,00,000/- which is more than the tax limit of ₹ 50 lacs prescribed by CBDT Circular No.17 of 2019 dated 08.08.2019, therefore, we recall the order of the Tribunal dated 23.08.2019. The Registry is directed to fix the appeal for hearing on 27.05.2021. Since, the date of hearing has been announced in the open court, therefore no separate notice of hearing would be sent to the parties.
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