Case Law Details
Income Tax Department filed an appeal u/s 260A in 2006 where the tax effect was less than Rs. 10 lakhs. High Court, relying on Instruction No. 3/2011 Dated 9-2-2011 dismissed the appeal as not maintainable. Income Tax Department challenged the decision on the ground that para 11 of Instruction No. 3/2011 Dated 9-2-2011 made it clear that it would apply only to appeals filed on or after 9.2.2011 and not to appeals filed earlier.
On Appeal Supreme Court held as under:
The tax effect in the present appeal is less than Rs. 10 lakhs. As per the new guidelines of the CBDT, in those cases where the tax effect is less than Rs. 10 lakhs, appeal is not to be filed
SUPREME COURT OF INDIA
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