https://www.taxtmi.com/caselaws?id=201554 The High Court set aside the Tribunal's decision to dismiss an appeal based on a circular indicating the tax involved was less than two lacs. The Court found that the deletion of Rs. ten lacs by the Commissioner Income Tax (Appeal) could potentially result in no tax being paid, leading to a reconsideration of the tax amount involved. The Court remanded the matter back to the Tribunal to properly determine if the total tax amount exceeded Rs. two lacs, emphasizing the need for accurate assessment in tax appeals for just outcomes. en-us Wed, 06 Oct 2010 00:00:00 +0530 Tue, 06 Sep 2011 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201554 The High Court set aside the Tribunal's decision to dismiss an appeal based on a circular indicating the tax involved was less than two lacs. The Court found that the deletion of Rs. ten lacs by the Commissioner Income Tax (Appeal) could potentially result in no tax being paid, leading to a reconsideration of the tax amount involved. The Court remanded the matter back to the Tribunal to properly determine if the total tax amount exceeded Rs. two lacs, emphasizing the need for accurate assessment in tax appeals for just outcomes. Case-Laws Income Tax Wed, 06 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201554