In Ita/32/2010 Of Commissioner Of Income Tax v. Ibrahim Ali, the High Court (2010) decided the matter.
Decision: Under these circumstances, this appeal under Section 260-A of the Income Tax Act, 1961 is not entertained.The appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
ITA 32/2010
BEFORE
HON’BLE THE CHIEF JUSTICE MR. MADAN B. LOKURHON’BLE MR JUSTICE U B SAHA
Learned counsel for the Revenue fairly submits that the tax effect in this case is below the limit of Rs.4,00,000.00 fixed by the Central Board of Direct Taxes
in Instruction No.5/2008 dated 15.5.2008.
Under these circumstances, this appeal under Section 260-A of the Income Tax Act, 1961 is not entertained.The appeal is dismissed.
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