Iapl/6/2018 Of Principal Commissioner Of Income Tax Central v. Shri Geetambar Anand
High Court
01 Oct 2021 In favour of: Assessee
Forum / Bench
High Court · cisdb_16012018
Parties
Iapl/6/2018 Of Principal Commissioner Of Income Tax Central v. Shri Geetambar Anand
Date of order
01 Oct 2021
Assessment year(s)
2008-09
Outcome
Dismissed
Case summary
In Iapl/6/2018 Of Principal Commissioner Of Income Tax Central v. Shri Geetambar Anand, the High Court (2021) dismissed the appeal. The decision went in favour of the assessee.
Decision: The above position being admitted to the parties, the present appeal is dismissed forreason of the disputed tax being belowthreshold limit.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
-Court No. 3
Case :- INCOME TAX APPEAL No. - 6 of 2018
Appellant :- Principal Commissioner Of Income Tax CentralRespondent :- Shri Geetambar AnandCounsel for Appellant :- Shubham AgrawalCounsel for Respondent :- Abhinav Mehrotra
Hon'ble Naheed Ara Moonis,J.Hon'ble Saumitra Dayal Singh,J.
1. Heard Sri Shubham Agrawal, learned
counsel for the revenue and Sri AbhinavMehrotra, learned counsel for the assessee.
2. Present appeal has been filed by the
revenue under Section 260(A) of the IncomeTax Act, 1961 arising from the order of theIncome Tax Appellate Tribunal, New Delhidated 28.7.2017 passed in Income Tax AppealNo. 2218/Del/2014 for A.Y. 2008-09.
3. At the outset, it has been stated at the Barthat the revenue involved in the presentappeal is below the monetary limit of Rs.1crore set by the CBDT vide its CircularNo.17/2019, dated 8-Aug-2019.
4. In view of the above, it is stated that the
present appeal is not maintainable as theappeal is below monetary limit.
5. The above position being admitted to the
parties, the present appeal is dismissed forreason of the disputed tax being belowthreshold limit.
Order Date :- 1.10.2021
M. Tariq
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