https://www.taxtmi.com/caselaws?id=240582 The Tribunal dismissed the Revenue's appeal against the CIT(A)'s order for A.Y 2009-10 due to the tax effect being below the prescribed limit of Rs.3,00,000 as per Section 268A of the Income Tax Act, 1961. The decision aligned with the CBDT Instruction No.3 of 2011 and High Court precedents, emphasizing the binding nature of monetary limits for filing appeals set by the Board. The Tribunal upheld the importance of adhering to prescribed limits, leading to the dismissal of the appeal without delving into the case's merits. en-us Thu, 05 Dec 2013 00:00:00 +0530 Sat, 07 Dec 2013 08:03:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240582 The Tribunal dismissed the Revenue's appeal against the CIT(A)'s order for A.Y 2009-10 due to the tax effect being below the prescribed limit of Rs.3,00,000 as per Section 268A of the Income Tax Act, 1961. The decision aligned with the CBDT Instruction No.3 of 2011 and High Court precedents, emphasizing the binding nature of monetary limits for filing appeals set by the Board. The Tribunal upheld the importance of adhering to prescribed limits, leading to the dismissal of the appeal without delving into the case's merits. Case-Laws Income Tax Thu, 05 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240582