Low Tax Effect Circular – Dept to show why CBDT instructions No.3/2011 not applies

The grievance of the Revenue is that the Tribunal ought to have entertained the appeal by following the decision of the Apex Court in the matter of Surya Herbal Ltd. (supra). However, the revenue has not been able to point out before us any of circumstance as laid down by the Suprme Court in the matter of Surya Herbal Ltd. (supra) being applicable to this case which would lead to non application of CBDT instructions No.3/2011. HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (L) NO.396 OF 2013 The Commissioner of Income Tax Versus M/s....