Departmental appeal for AY 2015-16 challenging Tribunal's order on a Rs.33,57,059 excess-cash addition was dismissed as below the CBDT monetary tax-effect limit; the substantial question of law was kept open.
Appeal dismissed as not maintainable; substantial question of law kept open.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
[2024:RJ-JP:41774-DB]
HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR
D.B. Income Tax Appeal No. 38/2021
Principal Commissioner Of Income Tax, Jaipur-I, Jaipur, New Central Revenue Building, Statue Circle, Jaipur (Raj.)
----Appellant
Versus
M/s Jewels Emporium, D-7, M.I. Road, Jaipur.
----Respondent
For Appellant(s) : Mr. Anuroop Singhi with Mr. N.S. Bhati & Mr. Aditya Khandelwal For Respondent(s) : Mr. Javed Khan
HON'BLE MR. JUSTICE AVNEESH JHINGAN HON'BLE MR. JUSTICE ASHUTOSH KUMAR
Order
01/10/2024
[2024:RJ-JP:41774-DB]
[ITA-38/2021]
(2 of 2)
17.09.2024, the appeal is dismissed as not maintainable, however, the proposed substantial question of law is kept open.
(ASHUTOSH KUMAR),J
(AVNEESH JHINGAN),J
Mohita/Riya/18
1 issue framed by the court
Whether the departmental appeal on an excess cash addition is maintainable given the CBDT monetary limit for tax effect.
Principal Commissioner Of Income Tax, Jaipur-I
M/s Jewels Emporium
Avneesh Jhingan
Ashutosh Kumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
