2015 (8) TMI 519 - SCH - Income Tax

The Supreme Court dismissed the appeal due to a tax effect of Rs. 4,22,830.

The Supreme Court dismissed the appeal due to a tax effect of Rs. 4,22,830. - [2015] 373 ITR 49 (SC) Entertainment of appeal - tax effect as criterion for admissibility of appeal - dismissal of appeal on preliminary threshold groundEntertainment of appeal - tax effect as criterion for admissibility of appeal - Whether the appeal should be entertained where the tax effect is Rs. 4,22,830. - HELD THAT: - The Court recorded that the tax effect in the present case is Rs. 4,22,830 and, on that ground alone, declined to entertain the appeal. No adjudication on the merits was undertaken; the matter was disposed of by refusing admission of the appeal on the basis of the quantified tax effect being the determinative threshold ground for non-entertainment.The appeal was refused entertainment and dismissed without deciding the merits.Final Conclusion: The Supreme Court dismissed the appeal solely on the preliminary ground that the tax effect was Rs. 4,22,830 and therefore declined to entertain the appeal, leaving the merits undecided. The Supreme Court dismissed the appeal due to a tax effect of Rs. 4,22,830.