https://www.taxtmi.com/caselaws?id=118204 CBDT monetary limit instructions govern the maintainability of departmental appeals before the ITAT, and such circulars are treated as binding on the Revenue, including in pending matters. Where the tax effect is below the prescribed threshold, the appeal should not be entertained. The commentary applies this policy to an appeal against deletion of additions under sections 68 and 69C of the Income-tax Act, noting that the stated tax effect was below Rs. 2 lakhs. The appeal was therefore dismissed in limine as falling outside the monetary limit for departmental litigation. en-us Wed, 07 Jun 2006 00:00:00 +0530 Fri, 29 Jun 2012 11:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118204 CBDT monetary limit instructions govern the maintainability of departmental appeals before the ITAT, and such circulars are treated as binding on the Revenue, including in pending matters. Where the tax effect is below the prescribed threshold, the appeal should not be entertained. The commentary applies this policy to an appeal against deletion of additions under sections 68 and 69C of the Income-tax Act, noting that the stated tax effect was below Rs. 2 lakhs. The appeal was therefore dismissed in limine as falling outside the monetary limit for departmental litigation. Case-Laws Income Tax Wed, 07 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118204