https://www.taxtmi.com/caselaws?id=172189 Revenue appeals below the monetary tax-effect threshold are treated as not maintainable where the governing circular applies to pending matters. The Karnataka High Court treated Circular No. 3 of 2011 as operating retrospectively and held that appeals falling below the prescribed limit could not be entertained on merits. The operative effect is that low-tax-effect appeals are barred by the circular and liable to dismissal at the threshold. en-us Mon, 19 Mar 2012 00:00:00 +0530 Thu, 13 Aug 2015 16:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172189 Revenue appeals below the monetary tax-effect threshold are treated as not maintainable where the governing circular applies to pending matters. The Karnataka High Court treated Circular No. 3 of 2011 as operating retrospectively and held that appeals falling below the prescribed limit could not be entertained on merits. The operative effect is that low-tax-effect appeals are barred by the circular and liable to dismissal at the threshold. Case-Laws Income Tax Mon, 19 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172189