2022 (9) TMI 1630

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....N.S. SANJAY GOWDA FOR THE APPELLANTS: SRI. ARAVIND K.V., ADVOCATE FOR THE RESPONDENT: SRI A. SHANKAR, SENIOR COUNSEL FOR SRI LAVA M., ADVOCATE JUDGMENT These two appeals are filed by the Department challenging the dismissal of the appeal and also allowing of cross-objections which resulted in dismissal of the appeal for the assessment year 2007-08. 2. ITA 450/2018 is preferred chall....

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....surcharge Rs.15,61,115   Add: Education Cess Rs.3,43,445     Rs.1,75,15,708   Add: Interest u/s 234A Rs.5,25,471   234B Rs.54,79,311   234C Rs.3,27,778     Rs.2,38,48,258   Less: 140A paid Rs.84,00,000   Total payable Rs.1,54,48,268 4. It was thus held that the assessee w....

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....involved was a sum of Rs.1,19,35,208/- of which the tax liability would only be a sum of Rs.37,98,432/-. 8. In view of the fact that the tax liability by virtue of deletion of the additions under the remand order would be less than Rs.1,00,00,000/- appeal would not be maintainable as per Circular No.17/2019 and appeal would have to be therefore dismissed. 9. It is also pertinent to state her....