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Deputy Commissioner of Income Tax, CC-1(1), Mumbai Vs Olive Builders, Vashi

Case No: I.T.A. No. 2391/Mum/2024, I.T.A. No. 2397/Mum/2024
Court: Income Tax Appellate Tribunal, Mumbai
Date: 8 Oct 2024

Parties Involved

appellantDeputy Commissioner of Income Tax, CC-1(1), Mumbai
respondentOlive Builders, Vashi

Facts Summary

The case involves two appeals by the revenue against separate orders passed by the ld. CIT(A)-47, Mumbai, pertaining to Assessment Years 2014-15 and 2018-19. The tax effect involved in both these appeals is less than Rs.60,00,000/-. The appeals were dismissed in light of Circular No. 09/2024, dated 17th September, 2024.…

Decision in favour of

Revenue

Legal Issues

  • 1. Dismissal of appeals by the revenue due to tax effect less than Rs.60,00,000/-

Judgment Outcome

Decided in favour of Revenue.

Precedents Relied Upon

2 precedents cited in this judgement.

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