DCIT, CC-4(2), Kolkata Vs. OHM Arts Pvt. Ltd., Mumbai
Parties Involved
Facts Summary
This is an appeal preferred by the revenue against the order of the Commissioner of Income Tax (Appeals) dated 05.02.2024 for the Assessment Year 2014-15. The Ld. Counsel for the assessee submitted that the CBDT has issued a Circular No. 9/2024 dated 17.09.2024, whereby the monetary limits for filing of appeal by the Department before Income Tax Appellate Tribunal and High Courts and SLP before Supreme Court have been increased. The tax effect by the revenue is less than Rs.60,00,000/-. The appeal had been filed by the revenue on 08.07.2024.…
Decision in favour of
Revenue
Legal Issues
- 1. Whether the appeal filed by the Department is maintainable given the monetary limits set by the CBDT Circular No. 9/2024?
Judgment Outcome
Decided in favour of Revenue.
Precedents Relied Upon
1 precedent cited in this judgement.
Similar Judgements
ITO, Ward-30(1), Kolkata Vs Sarojesh Chandra Mukherjee
DCIT CC-1(4) Kolkata Vs Dinesh Agarwal
Kolkata Bench benchAY 2022-2023DismissedDCIT CC-1(4) Kolkata Vs Ankit Agarwal
Kolkata benchAY 2022-2023DismissedDCIT CC-1(4), Kolkata Vs Kamal Agarwal
Kolkata benchAY 2022-2023DismissedDCIT, CC-2(3), Kolkata Vs. Prabhu Poly Pipes Ltd.
Kolkata Bench benchAY 2014-15DismissedDCIT CC-1(4), Kolkata Vs Kishore Agarwal
Kolkata benchAY 2022-2023Dismissed