https://www.taxtmi.com/caselaws?id=174951 The Revenue challenged the Tribunal's judgment based on the tax effect of the loss claimed by the assessee. The Tribunal dismissed the appeal, citing that the assessee had suffered a loss and the CBDT's circulars on monetary limits for filing appeals rendered the Revenue's appeal not competent. The Tax Appeal was allowed, the Tribunal's judgment was quashed, and the proceedings were remanded to the Tribunal for consideration of the appeal on merits. en-us Thu, 30 Jun 2011 00:00:00 +0530 Thu, 29 Oct 2015 18:24:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174951 The Revenue challenged the Tribunal's judgment based on the tax effect of the loss claimed by the assessee. The Tribunal dismissed the appeal, citing that the assessee had suffered a loss and the CBDT's circulars on monetary limits for filing appeals rendered the Revenue's appeal not competent. The Tax Appeal was allowed, the Tribunal's judgment was quashed, and the proceedings were remanded to the Tribunal for consideration of the appeal on merits. Case-Laws Income Tax Thu, 30 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174951