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2022 (9) TMI 1243 - ITAT MUMBAIMaintainability of appeal - Monetary limit - Penalty u/s 271(1)(c) - HELD THAT:- We find that similar issue arose for consideration before the Co–ordinate Bench of the Tribunal in appeal in DCIT v/s Aluvind Architectural Pvt. Ltd [2021 (4) TMI 1340 - ITAT MUMBAI]wherein the Tribunal, while deciding the issue in favour of the tax payer. As tax effect on the amount disputed by the Revenue in the present appeal is below the revised monetary limit of Rs.50 lakh, as per CBDT Circular no. 17/2019, dated 08/08/2019, r/w CBDT Circular no.3/2018, dated 20/08/2018. In view of the aforesaid, Revenue’s appeal deserves to be dismissed.
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