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I.T.A. No.1493/Kol/2024

Case No: I.T.A. No.1493/Kol/2024
Court: Income Tax Appellate Tribunal, Kolkata
Date: 26 Sept 2024

Parties Involved

appellantACIT, Central Circle-2(1), Kolkata
respondentShree RSH Projects Pvt. Ltd

Facts Summary

The present appeal filed by the Revenue is directed against the order dated 07.05.2024 of the Commissioner of Income Tax (Appeals)-26, Kolkata. The appeal is dismissed because the tax effect on the disputed additions is less than Rs.50 lacs as prescribed in the CBDT’s Circular No.17/2019 dated 08.08.2019.

Decision in favour of

Revenue

Legal Issues

  • 1. Whether the appeal can be filed given the tax effect is less than the prescribed limit?

Judgment Outcome

Decided in favour of Revenue.

Precedents Relied Upon

1 precedent cited in this judgement.

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