The tax effect in revenue’s appeal before the High court was lower than the increased monetary limit of Rs. 1 crore in terms of Circular No. 17/2019, dated 8-8-2019. The appeal was dismissed. (AY. 2004-05)
CIT v. Flow Link Systems (P.) Ltd. (2023) 290 Taxman 447 (Mad.)(HC)
S. 268A : Appeal-Tax effect less than the monetary limit of Rs 1 crore-Appeal of revenue was dismissed [S. 260A]