Dismissed
Commissioner of Wealth- Tax-Vi, v. Nb.Habeeb Ali Khan
Telangana HCWTA/30/2005
Case brief
AI extract
What is this about?
This is an appeal filed by the Revenue under Section 27(A) of the Wealth Tax Act, 1957 against an order of the Income Tax Appellate Tribunal. The court, relying on Issue No. 24 of 2004 and Instruction No. 268-A of the Income Tax Act, 1961, dismissed the appeal on the ground that the tax effect was below the monetary limits.
What did the court decide?
The appeal is accordingly dismissed. No order as to costs. Miscellaneous petitions standing disposed of as infructuous.