Rajiv vs. Income Tax Officer
Parties Involved
Facts Summary
The case involves an appeal filed by Rajiv against an order passed by the National Faceless Appeal Centre (NFAC) of the Income Tax Department. The appeal was filed under the provisions of the Income Tax Act, 1961. The Central Board of Direct Taxes (CBDT) issued Circular No. 9/2024 on 17.09.2024, amending the limit for filing appeals to the appellate tribunal from 10 lakh to 60 lakh. The circular also stated that no appeal should be filed if the tax demand is less than 60 lakh. Rajiv's appeal was filed for a tax demand of 52,05,065, which is below the amended limit. The tribunal found that the appeal was not maintainable as it did not meet the criteria for filing an appeal under the new circular.…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the appeal is maintainable under the new circular?
Judgment Outcome
Decided in favour of Assessee.