https://www.taxtmi.com/caselaws?id=260746 The Tribunal dismissed the revenue's appeal as it did not meet the prescribed monetary limits for filing appeals before the ITAT, based on CBDT Instruction No. 5/2014. The Tribunal held that the instruction should apply retrospectively, aiming to reduce low-value litigation burden. Since none of the exceptions in the CBDT circular applied, the appeal was dismissed without considering the case's merits. en-us Tue, 27 Jan 2015 00:00:00 +0530 Tue, 23 Jun 2015 07:29:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260746 The Tribunal dismissed the revenue's appeal as it did not meet the prescribed monetary limits for filing appeals before the ITAT, based on CBDT Instruction No. 5/2014. The Tribunal held that the instruction should apply retrospectively, aiming to reduce low-value litigation burden. Since none of the exceptions in the CBDT circular applied, the appeal was dismissed without considering the case's merits. Case-Laws Income Tax Tue, 27 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260746