Low Tax Effect Circular Can’t Shield Accommodation Entry Cases

PCIT Vs Agroha Fincap Ltd. (Delhi High Court) Low Tax Effect Plea Rejected: Delhi HC Dismisses Review, Holds Accommodation Entry Cases Fall in CBDT Exception The Delhi High Court, in PCIT-1 vs Agroha Fincap Ltd. (Review Petition No. 567/2025 in ITA No. 60/2024, judgment dated 23.12.2025), dismissed the assessee’s review petition seeking recall of the High Court’s earlier judgment dated 06.10.2025. The review was primarily sought on the ground that the Revenue appeal before the High Court was not maintainable due to low tax effect, in view of CBDT Circulars prescribing monetary limits. The ...