https://www.taxtmi.com/caselaws?id=179464 The Appellate Tribunal ITAT DELHI dismissed the revenue's appeal against the deletion of addition of share application money u/s 68 of the Income Tax Act, 1961. The appeal was dismissed as it fell below the monetary limit set by CBDT instruction No.3/2011 for filing appeals in income-tax matters before the Tribunal, which was Rs. 3 lac. The Tribunal emphasized that the total tax effect in the present appeal was less than Rs. 3 lac, making the appeal unadmitted and dismissed in limine. en-us Fri, 25 Mar 2011 00:00:00 +0530 Wed, 02 Mar 2016 15:50:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179464 The Appellate Tribunal ITAT DELHI dismissed the revenue's appeal against the deletion of addition of share application money u/s 68 of the Income Tax Act, 1961. The appeal was dismissed as it fell below the monetary limit set by CBDT instruction No.3/2011 for filing appeals in income-tax matters before the Tribunal, which was Rs. 3 lac. The Tribunal emphasized that the total tax effect in the present appeal was less than Rs. 3 lac, making the appeal unadmitted and dismissed in limine. Case-Laws Income Tax Fri, 25 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179464