https://www.taxtmi.com/caselaws?id=188061 The High Court dismissed the appeal by the IT Department under s. 260A due to the tax effect falling below Rs. 2 lakhs, citing Instruction No. 1979 by the CBDT. The judgment highlights the binding nature of circulars on the Revenue, emphasizing adherence to policy decisions to reduce litigations. Referring to precedents like CIT vs. Camco Colour Co., the court emphasized the Department's inability to challenge circulars, leading to the appeal's dismissal on the grounds of maintainability based on the prescribed threshold. The decision underscores the significance of following circulars and policy decisions in tax matters before the High Court. en-us Fri, 26 Mar 2004 00:00:00 +0530 Wed, 16 Nov 2016 17:14:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188061 The High Court dismissed the appeal by the IT Department under s. 260A due to the tax effect falling below Rs. 2 lakhs, citing Instruction No. 1979 by the CBDT. The judgment highlights the binding nature of circulars on the Revenue, emphasizing adherence to policy decisions to reduce litigations. Referring to precedents like CIT vs. Camco Colour Co., the court emphasized the Department's inability to challenge circulars, leading to the appeal's dismissal on the grounds of maintainability based on the prescribed threshold. The decision underscores the significance of following circulars and policy decisions in tax matters before the High Court. Case-Laws Income Tax Fri, 26 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188061