Appeal by Income Tax Department Proved Costly . Contempt Proceeding With Heavy Cost If Charges Are Proved : Mumbai High Court

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That casual approach of the income tax department of filing appeal is no secret and again and again CBDT is issuing guidelines and circulars for streamlining the system of filing appeal in Tribunal, High Courts & Supreme Court. A few days back , this blog had posted on the menace of high number of appeals filed by Revenue Department . If not read please read Sahara Case Fallout : What CIT & CCIT  Rank Officials  Should Be Beware of ! . This time , the court take serious note of the appeal filed by the income tax department against an order of ITAT dated 2010 in 2014 !

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