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2017 (5) TMI 1317 - HC - Income TaxMonetary limit for filing appeal - audit objection existence - Held that:- It is plain that the Revenue's audit objection is for each AY and not for the Assessee in general. In the present instance, while there is an audit objection for AYs 2008-09, 2009-10 and 2010-11, there is no audit objection for the AY in question i.e., AY 2007-08. Therefore, the Revenue cannot take advantage of para 8(c) of the said Circular to justify the filing of the present appeal.
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