https://www.taxtmi.com/caselaws?id=212011 The appeal was dismissed by the High Court based on the circular issued by the Central Board of Direct Taxes, which set a tax effect limit of Rs.10 lakhs for filing appeals under section 260A of the Income Tax Act. The court found that the claim in the appeal was below the specified limit, warranting dismissal in accordance with the circular's provisions. Additionally, the court ruled that the circular had retrospective effect on pending cases, rejecting the appellant's argument to the contrary. The lack of a cascading effect in the appeal further supported the decision to dismiss the appeal, as no multiple appeals on the same issue were identified. en-us Mon, 05 Mar 2012 00:00:00 +0530 Fri, 28 Jun 2013 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212011 The appeal was dismissed by the High Court based on the circular issued by the Central Board of Direct Taxes, which set a tax effect limit of Rs.10 lakhs for filing appeals under section 260A of the Income Tax Act. The court found that the claim in the appeal was below the specified limit, warranting dismissal in accordance with the circular's provisions. Additionally, the court ruled that the circular had retrospective effect on pending cases, rejecting the appellant's argument to the contrary. The lack of a cascading effect in the appeal further supported the decision to dismiss the appeal, as no multiple appeals on the same issue were identified. Case-Laws Income Tax Mon, 05 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212011