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Issues: Whether the Revenue's appeal was liable to be dismissed on the ground of low tax effect under CBDT Circular No. 3/2018 dated 11-07-2018.
Analysis: The tax effect in the appeal was found to be below the monetary limit prescribed for departmental appeals before the Tribunal. The circular was held applicable to pending appeals as well, and the matter was not examined on merits.
Conclusion: The Revenue's appeal was dismissed for low tax effect.