Dismissed
The Commissioner of Income Tas v. M/S Enpro Exports P. Ltd.
Delhi HCITA/685/2005
Case brief
AI extract
What is this about?
The Court dismissed an Income Tax Appeal filed by the Commissioner of Income Tax against M/S Enpro Exports P. Ltd. The tax effect on the assessed income was below the prescribed limit of INR 20,00,000/- specified in CBDT Circular No. 21/2015. Consequently, the appeal could not be prosecuted and was held no longer maintainable.
What did the court decide?
The appeal is dismissed as it is no longer maintainable due to the tax effect being below the prescribed monetary limit.