https://www.taxtmi.com/caselaws?id=234457 The appeal under section 260A of the Income-tax Act was challenged based on the tax effect criteria set by Board Instruction No. 3 of 2011, requiring a minimum tax effect of Rs. 10,00,000 for appeal by the Department. The court dismissed the appeal, citing the actual liability assessed was below the threshold. The conflicting interpretations of different judgments on the applicability of the Board circular to pending cases highlighted the lack of uniformity in legal interpretation. The court dismissed the appeal based on pending cases, reserving liberty for the Revenue to revive the appeal in the future based on relevant outcomes. en-us Tue, 08 Jan 2013 00:00:00 +0530 Tue, 02 Jul 2013 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234457 The appeal under section 260A of the Income-tax Act was challenged based on the tax effect criteria set by Board Instruction No. 3 of 2011, requiring a minimum tax effect of Rs. 10,00,000 for appeal by the Department. The court dismissed the appeal, citing the actual liability assessed was below the threshold. The conflicting interpretations of different judgments on the applicability of the Board circular to pending cases highlighted the lack of uniformity in legal interpretation. The court dismissed the appeal based on pending cases, reserving liberty for the Revenue to revive the appeal in the future based on relevant outcomes. Case-Laws Income Tax Tue, 08 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234457