https://www.taxtmi.com/caselaws?id=456731 The ITAT Ahmedabad dismissed the Revenue's appeal for A.Y. 2006-07 due to a low tax effect below Rs.50 lakhs, in accordance with CBDT Circular No. 17/2019, which has retrospective effect. The appeal, filed on 1.2.2019, was dismissed on 05-04-2021. The Revenue may seek recall if the tax effect increases or exceptions apply. en-us Mon, 05 Apr 2021 00:00:00 +0530 Sat, 10 Aug 2024 18:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456731 The ITAT Ahmedabad dismissed the Revenue's appeal for A.Y. 2006-07 due to a low tax effect below Rs.50 lakhs, in accordance with CBDT Circular No. 17/2019, which has retrospective effect. The appeal, filed on 1.2.2019, was dismissed on 05-04-2021. The Revenue may seek recall if the tax effect increases or exceptions apply. Case-Laws Income Tax Mon, 05 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456731