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of <h1>Appeal Dismissed for Low Tax Impact under CBDT Guidelines</h1> <h3>COMMISSIONER OF INCOME TAX Versus M/s VIRAT INVESTMENT AND MERCANTILE CO.</h3> The Delhi HC dismissed the appeal due to the tax effect being less than Rs. 10 lakhs, following CBDT guidelines. - COMMISSIONER OF INCOME TAX Versus M/s ... - The Delhi High Court dismissed the appeal as the tax effect was less than Rs. 10 lakhs, in accordance with CBDT guidelines.
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