Commissioner of Income-tax, Chennai v. A.R. Krishnamurthy
[Citation -2020-LL-0210-75]
| Citation | 2020-LL-0210-75 |
|---|---|
| Appellant Name | Commissioner of Income-tax, Chennai |
| Respondent Name | A.R. Krishnamurthy |
| Court | HIGH COURT OF MADRAS |
| Relevant Act | Income-tax |
| Date of Order | 10/02/2020 |
| Assessment Year | 2002-03 |
| Judgment | View Judgment |
| Keyword Tags | monetary limit • revision order • tax effect |
| Bot Summary: | Late A.R.Krishnamurthy 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 'D' Bench, Chennai, dated 27.08.2012, in ITA No.1211/Mds/2012 by raising the following substantial question of law: 1. Whether on the facts and in the circumstances of the case, the Tribunal was right in holding that the Revenue's Appeal had become infructuous on the ground that the assessing officer had made the assessment consequent to order under Section 263 and the said revision order was set aside by the Tribunal in ITA No.496/2010 dated 24.02.2010 when the same is appealed to this Court 2. In the instant case, the tax effect is said to be less than the monetary limit imposed and the Appeal filed by the Revenue is dismissed, as not pressed, keeping open the substantial questions of law for determination in appropriate cases. |