Tax effect of quantum addition under dispute by revenue was less than prescribed monetary limit of Rs. 50 lakhs, appeal would not be maintainable in terms of low tax effect circular issued by CBDT. (AY. 2013-14)
Bharath Wind Farm Ltd. v. DCIT (2022) 194 ITD 636 (Chennai) (Trib.)
S. 268A : Appeal-Monetary limit-Tax effect of quantum addition under dispute by revenue was less than prescribed monetary limit as fixed by relevant CBDT Circular, revenue’s appeal was to be dismissed.