M.K.Infra & Developers Vs. DCIT, Central Circle-1(4) Hyderabad

Parties Involved

Facts Summary

The case involves an appeal by the Revenue against the order passed by the Commissioner of Income Tax (Appeals)-11, Hyderabad, in the case of M.K.Infra & Developers for the assessment year 2019-20. The appeal was filed due to the non-filing of appeals before the Tribunal as per the mandate of section 268A. The CBDT issued Circular No. 09 of 2024, dated 17/09/2024, revising the monetary limit to Rs.60,00,000/- for not filing appeals before the Tribunal with retrospective effect. The tax effect involved in the instant appeal is less than Rs. 60,00,000/-, making the appeal not maintainable.…

Legal Issues

• 1. Whether the appeal is maintainable given the tax effect is less than Rs. 60,00,000/-

Judgment Outcome

Decided in favour of Revenue.

Precedents Relied Upon

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