Revenue vs. Harishchandra & Sons

Parties Involved

Facts Summary

The case pertains to an appeal filed by the Revenue against Harishchandra & Sons regarding the assessment of income tax for the financial year 2018-19. The appeal was filed after the Central Board of Direct Taxes (CBDT) issued Circular No. 9/2024 on 17.09.2024, modifying the threshold limit for filing appeals to the Income Tax Appellate Tribunal (ITAT) to 60 lakh rupees. The appeal was filed despite the tax impact being less than 60 lakh rupees, which falls under the exemption clause. The respondent did not provide any satisfactory evidence to counter the findings.…

Legal Issues

• 1. Whether the appeal filed by the Revenue is maintainable under the new threshold limit of 60 lakh rupees?

Judgment Outcome

Decided in favour of Revenue.

Similar Judgements

• Revenue vs. MCS Welding Company

  Indore bench

• Income Tax Appellate Tribunal, Indore Bench, Indore

  Indore bench

• Rajiv vs. Income Tax Appellate Tribunal

  Indore bench

• Arvand D. Khatrikar v. Union of India

  Indore bench

• Rajiv vs. Assistant Commissioner of Income Tax

  Indore bench

• Income Tax Appellate Tribunal, Indore Bench, Indore

  Indore bench