https://www.taxtmi.com/caselaws?id=262746 The High Court of Bombay dismissed the appeal challenging a penalty imposed by the tribunal due to a tax effect below the specified threshold of Rs. 10 lakhs. The court condoned a 1178-day delay in filing the appeal and addressed questions of law regarding tax provisions and CBDT instructions. The appeal was dismissed without costs as it did not meet the criteria set by the CBDT instructions and relevant legal precedents. en-us Fri, 07 Aug 2015 00:00:00 +0530 Wed, 19 Aug 2015 07:47:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262746 The High Court of Bombay dismissed the appeal challenging a penalty imposed by the tribunal due to a tax effect below the specified threshold of Rs. 10 lakhs. The court condoned a 1178-day delay in filing the appeal and addressed questions of law regarding tax provisions and CBDT instructions. The appeal was dismissed without costs as it did not meet the criteria set by the CBDT instructions and relevant legal precedents. Case-Laws Income Tax Fri, 07 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262746