https://www.taxtmi.com/caselaws?id=120592 The Tribunal dismissed the revenue's appeal against the Commissioner of Income-tax's order for the assessment year 2004-05, emphasizing compliance with CBDT Instruction No. 2 of 2005, which sets a tax effect limit of Rs. 1 lakh for appeals. The decision highlighted the mandatory nature of CBDT instructions for income-tax authorities, supported by legal precedents like CIT v. Manish Bhambri. Upholding the dismissal based on tax effect limits, the Tribunal aimed to reduce unnecessary litigation and safeguard small assessees facing financial burdens in legal proceedings. en-us Tue, 18 Mar 2008 00:00:00 +0530 Sat, 21 Jul 2012 15:08:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120592 The Tribunal dismissed the revenue's appeal against the Commissioner of Income-tax's order for the assessment year 2004-05, emphasizing compliance with CBDT Instruction No. 2 of 2005, which sets a tax effect limit of Rs. 1 lakh for appeals. The decision highlighted the mandatory nature of CBDT instructions for income-tax authorities, supported by legal precedents like CIT v. Manish Bhambri. Upholding the dismissal based on tax effect limits, the Tribunal aimed to reduce unnecessary litigation and safeguard small assessees facing financial burdens in legal proceedings. Case-Laws Income Tax Tue, 18 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120592