Dismissed¶19
Commissioner of Income Tax v. M/S B.L.Steels
Madras HCTCA/836/2014
Case brief
AI extract
What is this about?
Madras High Court Tax Case Appeal (Section 260A, Income-tax Act, 1961) by Commissioner of Income Tax, Chennai against M/s.B.L.Steels; challenge to ITAT “C” Bench, Chennai order dated 08.05.2014 in ITA No.1021/Mds/2013 dismissed on 09.03.2026 in view of CBDT Circular No.9 of 2024 monetary limits; tax effect Rs.1,78,99,395/- (exclusive of interest and penalty); dismissal without prejudice to Department's right to pursue the questions of law elsewhere.
What did the court decide?
In view of the circular issued by the Central Board of Direct Taxes (CBDT), the Tax Case Appeal stands dismissed, without prejudice to the rights of the Department to pursue the questions of law involved in any other appropriate case. ¶19