https://www.taxtmi.com/caselaws?id=120702 The appeal was dismissed due to the tax effect being below the Rs. 2,00,000 threshold set by CBDT Instruction No. 2. The judgment emphasized the binding nature of CBDT instructions on income-tax authorities, supported by judicial precedents. It also highlighted the financial burden and inefficiency of unnecessary litigation, in line with CBDT's objective to reduce such cases. en-us Fri, 04 Jan 2008 00:00:00 +0530 Mon, 23 Jul 2012 16:30:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120702 The appeal was dismissed due to the tax effect being below the Rs. 2,00,000 threshold set by CBDT Instruction No. 2. The judgment emphasized the binding nature of CBDT instructions on income-tax authorities, supported by judicial precedents. It also highlighted the financial burden and inefficiency of unnecessary litigation, in line with CBDT's objective to reduce such cases. Case-Laws Income Tax Fri, 04 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120702