Dismissed
M/s Natural Resources Development Society Ltd. v. Commissioner of Income Tax
Telangana HCRC/22/2001
Case brief
AI extract
What is this about?
The High Court dismissed an application filed under Section 256(1) of the Income-tax Act, 1961. The Court refused to examine the matter on merits because the tax liability involved was below the monetary limit specified by the CBDT Instructions applicable to appeals decided on convenience of the revenue.
What did the court decide?
Application dismissed; no order as to costs; pending miscellaneous petitions disposed of as infructuous.