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2019 (9) TMI 1643 - AT - Income TaxMaintainability of Revenue appeal against the order of CIT(A) in deleting the additions - low tax effect - HELD THAT:- Undisputedly, the tax effect involved in appeal is less than the monetary limit prescribed by the recent CBDT Circular No.17/2019 [F.No.279/Misc.142/2007-ITJ (Pt)] dated 08th August, 2019 read with Circular No.3 of 2018 dated 11.07.2018 for filing of appeals before the Tribunal by the Department. The CBDT vide circular dated 08-08-2019 (supra) has amended Para 3 of Circular No.3 of 2018 dated 11-07-2018 thereby enhancing monetary limit of tax effect from ₹ 20 Lakhs to ₹ 50 Lakhs for filing of appeals by the Department before the Tribunal. Thus, without going into merit of the issues raised in the appeal, in view of the CBDT Circular (supra) the present appeal of the Revenue is dismissed on account of low tax effect. Appeal of revenue dismissed. Deduction in respect of education cess - HELD THAT:- Allowability of the said cess as allowable deduction is decided in favour of the assessee by virtue of the Hon’ble Rajasthan High Court’s judgement in the case of Chambal Fertilisers And Chemicals Ltd[2018 (10) TMI 589 - RAJASTHAN HIGH COURT]
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