https://www.taxtmi.com/caselaws?id=75419 The Court ruled in favor of the assessee, focusing on the prescribed tax effect limit outlined in the circular by the Central Board of Direct Taxes. The judgment addressed the issues of entertaining Departmental appeal contrary to a circular and entitlement to exemption under Section 10(10C) of the Income Tax Act, ultimately disposing of the appeals in favor of the assessee due to the tax effect being less than Rs.2 lakhs. en-us Wed, 23 Dec 2009 00:00:00 +0530 Wed, 14 Apr 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75419 The Court ruled in favor of the assessee, focusing on the prescribed tax effect limit outlined in the circular by the Central Board of Direct Taxes. The judgment addressed the issues of entertaining Departmental appeal contrary to a circular and entitlement to exemption under Section 10(10C) of the Income Tax Act, ultimately disposing of the appeals in favor of the assessee due to the tax effect being less than Rs.2 lakhs. Case-Laws Income Tax Wed, 23 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75419