ITAT Nagpur Judgments — October 2022

The Tribunal held that since the tax effect was below the enhanced monetary limit prescribed by the CBDT, the appeal was not maintainable. Therefore, the appeal filed by the Revenue was dismissed.

The Tribunal noted that the CBDT's revised circular increased the monetary limit for filing appeals to Rs. 50.00 lakh. As the tax effect in these appeals was below this limit, the Tribunal was not inclined to entertain them.

The Tribunal held that the appeal was not maintainable as the tax effect was below the revised monetary limit prescribed by the CBDT. The Tribunal also noted that the exception clause cited by the Revenue was not countenanced by previous Tribunal decisions.

The Tribunal noted that the CBDT's revised circular increased the monetary limit for filing appeals to Rs. 50.00 lakh. As the tax effect in these appeals was below this limit, the Tribunal was not inclined to entertain them.

The Tribunal allowed the assessee's request to withdraw the appeals. The withdrawal was permitted based on the assessee's application under the Vivad Se Vishwas Scheme and no objection from the Revenue.

The Tribunal held that while claiming deduction under Section 80P requires a claim to be made in the return of income, the timing of this claim is directory, not mandatory. Therefore, a claim made during assessment proceedings should be considered.

The Tribunal noted that the CBDT's revised monetary limit for filing appeals before the Tribunal is Rs. 50.00 lakh. Since the tax effect was below this limit, the Tribunal was not inclined to entertain the appeals.

The Tribunal held that as the tax effect in the appeal was less than the revised monetary limit prescribed by the CBDT circular, the appeal was not maintainable. Therefore, the appeal filed by the Revenue was dismissed.

The Tribunal dismissed the appeal as the tax effect was below the revised monetary limit for filing appeals as per CBDT Circular No. 17/2019. This circular's revised limits are applicable to pending appeals.

The Tribunal held that as the tax effect in the appeal was less than the revised monetary limit of Rs. 50.00 lakh prescribed by CBDT circulars, the appeal was not maintainable.

The Tribunal dismissed the appeal filed by the Revenue. This was based on the CBDT's revised circular enhancing the monetary limits for filing appeals, which the current appeal fell below.

The Tribunal held that since the tax effect was below the revised monetary limit prescribed by the CBDT circular, the appeal was not maintainable. Therefore, the appeal filed by the Revenue was dismissed.

The Tribunal noted that the CBDT's revised monetary limit for filing appeals before the Tribunal is Rs. 50.00 lakh. Since the tax effect was below this limit, the Tribunal was not inclined to entertain the appeals.