DCIT, New Delhi M/s Jay Metal Industries Pvt. Ltd., New Delhi


Last updated: 24 December 2020

Court :
ITAT New Delhi

Brief :
This Miscellaneous application is filed by the ld. Assessing Officer in ITA. No. 1945/Del/2011 wherein appeal filed by the Revenue for Assessment Year 2008-09 was dismissed on account of low tax effect prevailing as on that date of Rs.10 lakhs. The Revenue says that in the present case the tax effect is more than Rs.10 lakhs i.e. Rs. 10,83,779/- which is more than thresh-hold of Rs.20 lakhs. Therefore, it was submitted that there is a mistake apparent from record and the order deserves to be recalled.

Citation :
ITA. No. 1945/Del/2011

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