https://www.taxtmi.com/caselaws?id=220600 The Tribunal dismissed the appeal filed by the Revenue against the CIT(A) order for A.Y. 2002-03 as the tax effect was below the limit set by the CBDT under Section 268A of the Income Tax Act, 1961. The Tribunal referenced precedents from Punjab & Haryana High Court and Delhi High Court, emphasizing the applicability of monetary limits for filing appeals. The cross objections by the assessee were also dismissed as their counsel did not press them. The judgment highlighted the importance of complying with CBDT monetary limits for appeals, leading to the dismissal of both the Revenue's appeal and the assessee's cross objections. en-us Mon, 03 Dec 2012 00:00:00 +0530 Thu, 31 Jan 2013 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220600 The Tribunal dismissed the appeal filed by the Revenue against the CIT(A) order for A.Y. 2002-03 as the tax effect was below the limit set by the CBDT under Section 268A of the Income Tax Act, 1961. The Tribunal referenced precedents from Punjab & Haryana High Court and Delhi High Court, emphasizing the applicability of monetary limits for filing appeals. The cross objections by the assessee were also dismissed as their counsel did not press them. The judgment highlighted the importance of complying with CBDT monetary limits for appeals, leading to the dismissal of both the Revenue's appeal and the assessee's cross objections. Case-Laws Income Tax Mon, 03 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220600