Court :
INCOME TAX APPELLATE TRIBUNAL
Brief :
At the outset, it was pointed out by the learned AR that the tax effect in the present case is less than Rs. 3 lac. He has produced before us the demand notice according to which the total tax has been computed at Rs. 2,12,781/-. The learned DR could not controvert the quantum of tax effect. According to the recent instruction No.3/2011 of 9th February, 2011 issued by the CBDT, monetary limit for filing the appeal in income-tax matters before the Tribunal has been fixed at Rs. 3 lac.
Citation :
ITA No.4899/Del/2009 Assessment Year: 2001-02 ITO, Ward 6 (2),Room No.185,CR Building,New Delhi.(Appellant)Vs. Marshall Castings Pvt. Ltd.,1568 A, Sachdeva Place Building,M-113, Bhagirath Place,Chandni Chowk,New Delhi.PAN: AAACM6370Q (Respondent)
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