ITAT dismisses Revenue Appeal on Ground of CBDT Circular on Low Tax Effect [Read Order]
The division bench held that the case does not meet the minimum tax effect as prescribed in Circular No. 09/2024 of CBDT
By Eeva Mary Sanil - On November 24, 2024 9:57 am - 2 mins read
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal filed by the Revenue as the case is non-maintainable at the court of law, as mandated by CBDT Circular on low tax effect. The Revenue-Appellant had filed an appeal against the order of the Commissioner of Income Tax (Appeals) [CIT(A)]…
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