Commissionr of Income TAX-6 Hyd v. Ch.Papi Reddy Hyd
Case brief
What is this about?
The Revenue appealed against an order by the Income Tax Appellate Tribunal, Hyderabad Bench. During hearing, the Senior Standing Counsel conceded that the tax impact was below the limit under Section 268A of the Income Tax Act. Consequently, the appeal was dismissed.
What did the court decide?
Appeal dismissed; miscellaneous petitions disposed of; no order as to costs.