HIGH
COURT OF
Commissioner
of Income-tax
v.
Dhnad
Financial Services (P.) Ltd.
MADAN
B. LOKUR AND DR. S. MURALIDHAR, JJ.
IT
APPEAL NO. 930 OF 2007
September
26, 2007
Section 260-A of the Income-tax Act, 1961 - High Court -
Appeal to - Whether where tax effect was admittedly less than Rs. 4 lakhs,
instant appeal could not be preferred contrary to instructions issued by CBDT -
Held, yes - Whether also issues raised were purely factual in nature, and
therefore, no substantial question of law arose for consideration - Held, yes
In this appeal which is directed against the order dated 17-11-2006 passed by the Income Tax Appellate Tribunal, Delhi Bench ‘G’ in IT Appeal No. 1940 (Delhi.) of 2004, the tax effect is admittedly less than Rs. 4 lakhs. It is stated to be about Rs. 3 lakhs. We are, therefore, not at all clear why this appeal has been preferred contrary to the instructions issued by the Central Board of Direct Taxes.
Apart from the above, we find that the issues that have been raised are purely factual in nature as has been indicated by the Tribunal in paragraph 4 of the impugned order.
Under the circumstances, we are of the view that no substantial question of law arises for consideration.
Dismissed.