High Court of Chhattisgarh · Judgments and reasoned final orders

Income Tax Officer, Ward 1(2), Bhilai v. M/s. Chhattisgarh Sahakari Sakh Samiti, Bhilai, Durg

TAXC No. 134 of 2024 · 2025-02-10

Low-tax-effect disposal under section 268A and CBDT Circular dated 17.09.2024: Revenue's appeal (TAXC No. 134 of 2024) against co-operative credit society disposed of as tax liability is below Rs. 2 crore.

Download three-page AKHB note Read original court PDF

1. FACTS OF THE CASE

In TAXC No. 134 of 2024 filed by ITO Ward 1(2), Bhilai against M/s. Chhattisgarh Sahakari Sakh Samiti, Revenue's counsel submitted on 10.02.2025 that the tax effect was below the Rs. 2 crore High Court limit under the CBDT Circular dated 17.09.2024.

Source: Paragraphs 1-3; PDF pp. 1-3

2. DISCUSSION BY THE COURT

Quoting the CBDT Circular dated 17.09.2024 issued under section 268A, the Division Bench accepted the Revenue's prayer.

Source: Paragraphs 2-4; PDF pp. 2-3

3. JUDICIAL DECISION

Disposed of TAXC No. 134 of 2024 in light of paragraph 5 of the CBDT Circular dated 17.09.2024.

Source: Paragraph 4; PDF p. 3

4. OUTCOME

Assessee (low-tax-effect disposal) - Revenue's appeal disposed of under CBDT Circular dated 17.09.2024.

Source: Paragraph 4; PDF p. 3

5. AKHB REVIEW POINT

AKHB analysis: low-tax-effect disposal under CBDT Circular dated 17.09.2024.

Source: AKHB analysis based on Paragraphs 2-4; PDF pp. 2-3

Source and verification

3-page official High Court of Chhattisgarh judgment PDF (20250210_CGHC010138612024.pdf).

Original PDF: 3 pages · SHA-256: 63a4c9b43ee20bf076e165c683e176ca8062c04193f08f4c754def96712b4ec4

Supplied source-reviewed note retained; original bytes and identity validation checked in this release. Substantive re-review is not claimed for this record.

Applies sections 260A and 268A of the Income-tax Act, 1961 read with CBDT Circular dated 17.09.2024. Income-tax Act, 2025 equivalence is not verified.

Full primary judgment PDF read page-by-page and verified against the AKHB Google Drive repository. Comprehensive subsequent judicial treatment has not been independently verified.

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AI-assisted source review. Independent human approval is not represented.

General research only. Read the complete judgment and verify applicable law and subsequent treatment before reliance.