https://www.taxtmi.com/caselaws?id=258144 A Revenue appeal was treated as not maintainable because the tax effect was below the monetary limit prescribed in the Board's circular. The Tribunal applied the settled position that such monetary-limit instructions operate on pending appeals as well as future appeals, and should not be confined to cases decided after the circular. It also noted that the dispute was not recurring in nature, reinforcing that further appellate pursuit by Revenue was unwarranted. The appeal was dismissed in favour of the assessee. en-us Mon, 03 Nov 2014 00:00:00 +0530 Wed, 01 Apr 2015 05:53:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258144 A Revenue appeal was treated as not maintainable because the tax effect was below the monetary limit prescribed in the Board's circular. The Tribunal applied the settled position that such monetary-limit instructions operate on pending appeals as well as future appeals, and should not be confined to cases decided after the circular. It also noted that the dispute was not recurring in nature, reinforcing that further appellate pursuit by Revenue was unwarranted. The appeal was dismissed in favour of the assessee. Case-Laws Customs Mon, 03 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258144