Maintainability of revenue appeals before the Tribunal when the ...

Revenue appeal dismissed due to low tax effect; exceptions may revive it.

Case Laws Income Tax

November 13, 2024

Maintainability of revenue appeals before the Tribunal when the tax effect is below a certain threshold. According to CBDT instructions, subordinate authorities should not challenge CIT(Appeals) orders before the Tribunal if the tax effect due to relief granted is less than Rs. 60,00,000, unless the case falls within specified exceptions. In the instant case, since the tax effect is below the threshold and no exceptions apply, the revenue appeal is dismissed for lack of tax effect. However, if upon re-verification the tax effect exceeds the limit or an exception applies, the Revenue can file a miscellaneous application to revive the appeal.

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Maintainability of revenue appeals before the Tribunal when the ...

Revenue appeal dismissed due to low tax effect; exceptions may revive it.

Case Laws Income Tax

November 13, 2024

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