Commissioner of Income-tax, Chennai v. Mova Consultants Pvt. Ltd
[Citation -2020-LL-0205-71]
Citation | 2020-LL-0205-71 |
---|---|
Appellant Name | Commissioner of Income-tax, Chennai |
Respondent Name | Mova Consultants Pvt. Ltd. |
Court | HIGH COURT OF MADRAS |
Relevant Act | Income-tax |
Date of Order | 05/02/2020 |
Assessment Year | 2004-05 |
Judgment | View Judgment |
Keyword Tags | monetary limit • tax effect |
Bot Summary: | Respondent Prayer: Tax Cases are filed under Section 260-A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal, Madras 'A' Bench, dated 21.04.2010 passed in I.T.A.No. 1113 of 2010 M/s.Commissioner of Income Tax Vs. M/s.Mova Consultants Pvt. Ltd. 2/4 JUDGMENT This Tax Case Appeal has been filed by the Revenue calling in question the correctness of the order passed by the Income Tax Appellate Tribunal Madras 'A' Bench, Chennai, dated 26.03.2010, in I.T.A.No. 50/Mds/09 by raising the following substantial question of law: 1. Whether on the facts and circumstances of the case the Tribunal was right in setting aside the order of the CIT passed u/s. When the matter is taken up for hearing, learned Standing Counsel for the Department brought to our notice the Circular instruction issued by the Central Board of Direct Taxes vide Circular No.17/2019, dated 8 th August,2019, wherein, it is stipulated that appeals shall not be filed/pursued by the Department before the High Court in cases where the tax effect does not exceed Rs.1,00,00,000/-. 1113 of 2010 M/s.Commissioner of Income Tax Vs. M/s.Mova Consultants Pvt. Ltd. 3/4 dismissed, as not pressed, keeping open the substantial questions of law for determination in appropriate cases. |