S.C : Appeal against decision of High Court affirming impugned assessment was to be dismissed as tax effect on addition so made would be much less than prescribed limit

Supreme Court Of India

Shirish Madhukar Dalvi vs. ACIT

Block Period : 1989-90 To 1999-2000

Section : 268A, 158BC

A.K. Sikri And Rohinton Fali Nariman, JJ.

CA No. 5150 Of 2007

November 3, 2015

JUDGMENT

1. By the impugned assessment, which has been upheld till the High Court, the addition of only Rs. 3.85 lakhs to the income of the assessee-appellant was made and the tax effect thereof would still be much less.

2. The appeal is dismissed on this ground alone.

[Citation : 379 ITR 329]