https://www.taxtmi.com/caselaws?id=195434 The Appellate Tribunal ITAT Mumbai dismissed the Revenue's appeal against the Commissioner of Income Tax (Appeals) for the Assessment Year 2007-08. The Tribunal held that the tax effect, excluding surcharge and education cess, fell below the threshold set by the Board's Circular. Relying on the definition of "tax" in the Income-tax Act, the Tribunal concluded that surcharge and education cess should not be included in determining the tax effect for filing appeals. Consequently, the appeal was deemed not maintainable and was dismissed. en-us Fri, 22 Jul 2016 00:00:00 +0530 Tue, 31 Oct 2017 10:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195434 The Appellate Tribunal ITAT Mumbai dismissed the Revenue's appeal against the Commissioner of Income Tax (Appeals) for the Assessment Year 2007-08. The Tribunal held that the tax effect, excluding surcharge and education cess, fell below the threshold set by the Board's Circular. Relying on the definition of "tax" in the Income-tax Act, the Tribunal concluded that surcharge and education cess should not be included in determining the tax effect for filing appeals. Consequently, the appeal was deemed not maintainable and was dismissed. Case-Laws Income Tax Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195434