If the tax effect is less than minimum than it can be avoidable


Last updated: 28 December 2011

Court :
INCOME TAX APPELLATE TRIBUNAL

Brief :
In appeal for the assessment year 2001-02, the Revenue assails deletion of additions of Rs.3,60,000/- and Rs.1,56,388/- made by the ld. CIT(A). During the course of hearing, it was admitted by the ld. DR that the tax effect in this case was less than Rs.3 lakhs

Citation :
The Assistant Commissioner of Income Tax,Company Circle VI(2),Aayakar Bhavan, New Block,Chennai 600 034. Appellant)Vs.M/s. Shree Shakthi Ware House (P)Ltd [PAN:AACCS9723M](Respondent

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Ayush
Published in Income Tax
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