M/s XYZ Co. Ltd., Delhi filed appeal before Commissioner (Appeals) and succeeded in its appeal. Now the Revenue wants to prefer an appeal before the tribunal. For filing appeal by the Revenue before the tribunal, the tax

CS Executive · Tax Laws and Practice · PYQS · December 2019
M/s XYZ Co. Ltd., Delhi filed appeal before Commissioner (Appeals) and succeeded in its appeal. Now the Revenue wants to prefer an appeal before the tribunal. For filing appeal by the Revenue before the tribunal, the tax effect must exceed :
(A) ₹10,00,000
(B) ₹20,00,000
(C) ₹25,00,000
(D) ₹50,00,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax

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