2019 (4) TMI 1316

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..... tipulated that appeals shall not be filed/pursued by the Department before the High Court in cases where the tax effect does not exceed ₹ 50.00 lakhs. In the instant case, the tax effect is said to be less than the monetary limit imposed and, therefore, the Appeals filed by the Revenue are dismissed, as not pressed, keeping open the substantial questions of law for determination in approp .....

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..... circumstances of the case, the Tribunal was right in holding that the order of the CIT (A) in directing the Assessing Officer to levy penalty u/s. 271AAA is not sustainable in law and facts, without appreciating that the Assessing Officer had passed the order levying the penalty u/s.271 (1) (c) ? (2) Whether on the facts and in the circumstances of the case the Tribunal was right in .....

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..... before the High Court in cases where the tax effect does not exceed ₹ 50.00 lakhs. 3. In the instant case, the tax effect is said to be less than the monetary limit imposed and, therefore, the Appeals filed by the Revenue are dismissed, as not pressed, keeping open the substantial questions of law for determination in appropriate cases. No costs. Consequently, the connected C. .....

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