Pr. Commissioner Income-tax-1 Ashok Marg Lucknow v. Raj Kumar Gupta
[Citation -2019-LL-0905-2]
Citation | 2019-LL-0905-2 |
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Appellant Name | Pr. Commissioner Income-tax-1 Ashok Marg Lucknow |
Respondent Name | Raj Kumar Gupta |
Court | HIGH COURT OF ALLAHABAD AT LUCKNOW |
Relevant Act | Income-tax |
Date of Order | 05/09/2019 |
Judgment | View Judgment |
Keyword Tags | monetary limit • tax effect |
Bot Summary: | Learned counsel for the appellant has submitted that as per the Circular No.3/2018, issued by the CBDT, dated 11.07.2018, the monetary limit / tax effect for filing an appeal before the Hon'ble High Court is above 50 lacs. Since, the tax effect in the aforesaid appeal is less than the prescribed limit as well as the case is not covered in any of the exception referred in Board's Circular No.03/2018 dated 11.07.2018, it's amendment dated 20.08.2018 and clarification dated 11.12.2018 to Para-10 of Circular No.03/2018, so as per the circular and instruction of the CBDT, the appellant wants to withdraw this appeal. In view of the aforesaid, the above application is allowed. The Income Tax Appeal No.14 of 2018 is dismissed as withdrawn. |