Saturday, November 30, 2019

SC dismissed appeal against HC's order as tax effect in appeal was less than prescribed threshold limit

INCOME TAX : Where High Court dismissed revenue's appeal, in view of fact that tax effect in appellate order was less than Rs. two crores, having regard to Circular No. 17, dated 8-8-2019, SLP filed against High Court's order was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2R055KW

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...