2019 (6) TMI 1059

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....V.Rajesh For the Respondent : Mr.M.P.Senthil Kumar JUDGMENT T.S.SIVAGNANAM, J. This Tax Case Appeal by the appellant/Revenue is directed against the order of the Income Tax Appellate Tribunal Chennai 'B' Bench, dated 18.07.2008 in ITA No.437/Mds/2007, for the Assessment year 2000-01. 2.Heard Mr.Karthick Ranganatha and Mr.V.Rajesh, learned counsel for the appellant/Revenue an....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....o the merits of the appeal by just holding that 'reassessment' under Section 147 of the Act was not possible in view of the proviso to Section 14A of the Act." 4.We have perused the order of Assessment as well as the Order passed by the Commissioner of Income Tax and we find that the tax effect in this appeal is lesser than the threshold limit mentioned in Circular No.3 of 2018, dated 1....