https://www.taxtmi.com/caselaws?id=238529 The appeal under section 260A of the Income-tax Act, 1961 was found not maintainable as the tax effect was below the prescribed limit of Rs. 4,00,000 set by the Central Board of Direct Taxes. The court emphasized the importance of section 268A in regulating Revenue appeals and upheld the binding nature of CBDT's instructions. It was clarified that while generally appeals with a tax effect below the limit are not maintainable, exceptional cases may warrant a different approach. The judgment underscored the need to reduce litigation in small cases and the authority of the CBDT's instructions in such matters. en-us Thu, 09 May 2013 00:00:00 +0530 Thu, 24 Oct 2013 20:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238529 The appeal under section 260A of the Income-tax Act, 1961 was found not maintainable as the tax effect was below the prescribed limit of Rs. 4,00,000 set by the Central Board of Direct Taxes. The court emphasized the importance of section 268A in regulating Revenue appeals and upheld the binding nature of CBDT's instructions. It was clarified that while generally appeals with a tax effect below the limit are not maintainable, exceptional cases may warrant a different approach. The judgment underscored the need to reduce litigation in small cases and the authority of the CBDT's instructions in such matters. Case-Laws Income Tax Thu, 09 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238529