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2016 (4) TMI 1155

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..... NCOME TAX APPEAL NO. 238 OF 2011 - - - Dated:- 29-4-2016 - M.S. SANKLECHA A.M. BADAR, J.J. Mr. Suresh Kumar for the appellant Mr. B.D. Damodar i/b Kanga Co. for the respondent P.C. 1. These Appeals relate to Assessment Years 1998-99 and 2003-04. Both the appeals have been filed by the Revenue from a common impugned order 26th February, 2009 disposing of the appeals for .....

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..... Before Supreme Court 25,00,000/ It is clarified that an appeal should not be filed merely because the tax effect in a case exceeds the monetary limits prescribed above. Filing of appeal in such cases is to be decided on merits of the case. 5. ..... .. However, in case of a composite order of any High Court or appellate authority, which involves .....

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..... subject, operative at the time when such appeal was filed. 3. In the present cases, the tax effect as mentioned in paragraph 10 of the each of the two Appeal Memos is as under : Appeal No. Assessment Year Amount (Tax effect) 4537 of 2010 200304 9.26 lakhs .....

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