9911796707
TMI Blog2022 (12) TMI 1018X X X X Extracts X X X X X X X X Extracts X X X X ..... the purview of circular of Central Board of Direct Taxes No. 3 of 2018 dated 11.7.2018 - further submitted that unless the appeal is permitted to be revived and appellant review applicant is permitted to submit on the proposed substantial questions of law, serious injustice would cause to the appellant. The aspect that the appeal was disposed by the court on the ground of low tax effect, where ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssed. 2. The order dated 17.7.2018 reads as under, As the tax effect involved in the present Tax Appeal is less than Rs. 50 lacs, considering the recent circular issued by the CBDT dated 11.7.2018, being Circular no.3/2018, Mrs. Kalpana Raval, learned Advocate appearing on behalf of the revenue does not press the present Tax Appeal. Under the circumstances, on the aforesaid ground alone, pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd, .subsequently on examination of the issue being found that the tax effect of the aforementioned appeal would be Rs. 1,12,15,583/- on acceptance of all issues. Therefore, the present application is filed. 4. It was submitted that the tax effect was to the tune of Rs. 1,12,15,583/- whereas by inadvertent mistake, the same was shown as Rs. 42,21,312/-. 4.1 In view of the actual extent ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
