Dept Appeal Below Tax Effect of Rs. 50 Lakhs: ITAT dismisses Appeal as per CBDT Circular

Dept - Appeal - Below - Tax - Effect - ITAT - Appeal - CBDT - Circular - TAXSCAN

The Income Tax Appellate Tribunal (ITAT), Kolkata Bench, has recently, in an appeal filed before it, on finding the same to be a dept appeal below tax effect of RS 50 lacks, dismissed the same, as per a CBDT circular. The aforesaid observation was made by the Kolkata ITAT, when an appeal was preferred before…

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