https://www.taxtmi.com/caselaws?id=196075 The High Court upheld the principles outlined in Circular No.21/2015 by the Central Board of Direct Taxes, emphasizing the need to consider merits beyond monetary limits for filing appeals. The judgment highlighted exceptions where appeals should be pursued despite lower tax effects and clarified the retrospective application of the Circular to both pending and future appeals in High Courts and Tribunals. In a specific case with a tax effect below the prescribed limit for High Court appeals, the Court dismissed the appeal but allowed for the examination of substantial legal questions in future proceedings. en-us Wed, 04 May 2016 00:00:00 +0530 Sat, 18 Nov 2017 12:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196075 The High Court upheld the principles outlined in Circular No.21/2015 by the Central Board of Direct Taxes, emphasizing the need to consider merits beyond monetary limits for filing appeals. The judgment highlighted exceptions where appeals should be pursued despite lower tax effects and clarified the retrospective application of the Circular to both pending and future appeals in High Courts and Tribunals. In a specific case with a tax effect below the prescribed limit for High Court appeals, the Court dismissed the appeal but allowed for the examination of substantial legal questions in future proceedings. Case-Laws Income Tax Wed, 04 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196075