ITAT Rules Revenue Appeal Not Maintainable Due to Low Tax Effect:

ITAT dismissed the Income Tax Department's appeal after holding that the recomputed tax effect fell below the Rs 60 lakh monetary limit prescribed by the CBDT for filing Tribunal appeals.
Delhi ITAT Rejects Revenue Appeal

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ITAT Rules Revenue Appeal Not Maintainable Due to Low Tax Effect
ITAT dismissed the Income Tax Department's appeal after holding that the recomputed tax effect fell below the Rs 60 lakh monetary limit prescribed by the CBDT for filing Tribunal appeals.
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Vanshika verma
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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
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