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Issues: Whether the appeals in which the tax effect was below Rs. 2 crores were liable to be dismissed in view of the CBDT circular dated 8.8.2019.
Analysis: The office report showed that the tax effect in the listed appeals was below the monetary threshold prescribed by the CBDT circular. In such matters, no reason existed to interfere and the circular governed the treatment of those appeals.
Conclusion: The appeals covered by the tax-effect threshold were dismissed.