2007 (10) TMI 247 - HC - Income Tax

Application for condonation of delay revenue seek condonation on ground that it could not file appeal in time because revenue involved is less than the amount (2 lakhs) prescribed by the Circular dated March 27, 2000 - it cannot be said that the appellant (revenue) was prevented by any sufficient cause from filing the appeal within time condonation can t be granted revenue s appeal dismissed

Summary

The High Court of Rajasthan dismissed the appeal and application under section 5 of the Limitation Act, stating that the revenue involved was less than the prescribed amount for filing the appeal. The decision of the Income-tax Appellate Tribunal in this case cannot be taken as a precedent for other cases.