TMI Blog2019 (4) TMI 828X X X X Extracts X X X X X X X X Extracts X X X X ..... rties had agreed that the tax effect was less than ₹ 10 lakhs. Accordingly, the appeal was disposed off as not maintainable. Against the order of this Tribunal, the AO filed Miscellaneous Application u/s 254(2) of the Income Tax Act, 1961 requesting to decide the case on merits on the issue of disallowance u/s 40A(3) of the Act. The department did not make out a case of exception as provi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ffect in this case was stated to be less than ₹ 10 lakhs. As per Circular No.21/2015 dated 10.12.2015, no appeal required to be filed before the ITAT, if the tax effect is below ₹ 10 lakhs. In the instant case, both the parties had agreed that the tax effect was less than ₹ 10 lakhs. Accordingly, the appeal was disposed off as not maintainable. 2. Against the order of this Tri ..... X X X X Extracts X X X X X X X X Extracts X X X X
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