https://www.taxtmi.com/caselaws?id=349573 Revenue appeals must be tested year-wise for monetary limit purposes, because tax effect is to be computed separately for each assessment year on the disputed issue. Where a Tribunal's common order covers multiple assessment years, the CBDT circular does not permit maintainability of an appeal for an assessment year in which the tax effect falls below the prescribed threshold. On that basis, the Gujarat HC held the Revenue's appeal not maintainable and disposed of it. en-us Mon, 04 Sep 2017 00:00:00 +0530 Tue, 17 Oct 2017 08:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349573 Revenue appeals must be tested year-wise for monetary limit purposes, because tax effect is to be computed separately for each assessment year on the disputed issue. Where a Tribunal's common order covers multiple assessment years, the CBDT circular does not permit maintainability of an appeal for an assessment year in which the tax effect falls below the prescribed threshold. On that basis, the Gujarat HC held the Revenue's appeal not maintainable and disposed of it. Case-Laws Income Tax Mon, 04 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349573