https://www.taxtmi.com/caselaws?id=201515 The High Court rejected the main appeal filed by the revenue as it was not maintainable due to the tax effect being below Rs.2 lakhs, as per a circular by the Central Board of Direct Taxes. The court emphasized the need for a conscious decision to file appeals despite monetary limits for cases involving substantial legal issues. The judgment clarified that the decision was solely based on maintainability and should not be binding for future proceedings. en-us Thu, 16 Dec 2010 00:00:00 +0530 Tue, 06 Sep 2011 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201515 The High Court rejected the main appeal filed by the revenue as it was not maintainable due to the tax effect being below Rs.2 lakhs, as per a circular by the Central Board of Direct Taxes. The court emphasized the need for a conscious decision to file appeals despite monetary limits for cases involving substantial legal issues. The judgment clarified that the decision was solely based on maintainability and should not be binding for future proceedings. Case-Laws Income Tax Thu, 16 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201515