Tribunal dismissed revenue’s appeal as withdrawn on ground that tax effect involved in said appeal was less than monetary limit of Rs. 10 lakhs fixed by CBDT Circular No. 21/2015, dated 10-12-2015. High Court affirmed the order of the Appellate Tribunal. (AY 2003-04)
CIT v. Anna Poorna Re-Rolling (P) Ltd. (2020) 275 Taxman 36 (Mad.)(HC)
S. 268A : Appeal-Lower than monetary limit fixed by Circular-Appeal was less than monetary limit of Rs. 10 lakhs fixed by CBDT Circular No. 21/2015, dated 10-12-2015.