https://www.taxtmi.com/caselaws?id=11104 HC held that the CBDT circular directing income-tax authorities not to file appeals where tax effect is below Rs.1,00,000 is merely internal instruction and does not bind the Tribunal, which must decide filed appeals on merits. On facts, lease receipts from property let to a related concern constituted rental income, not business income, since leasing was not the assessee's business; accordingly deductions under s.80HHC were disallowed. The Tribunal's rejection of 80HHC relief for interest on FDRs was affirmed. en-us Tue, 07 Oct 2003 00:00:00 +0530 Thu, 25 Sep 2025 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11104 HC held that the CBDT circular directing income-tax authorities not to file appeals where tax effect is below Rs.1,00,000 is merely internal instruction and does not bind the Tribunal, which must decide filed appeals on merits. On facts, lease receipts from property let to a related concern constituted rental income, not business income, since leasing was not the assessee's business; accordingly deductions under s.80HHC were disallowed. The Tribunal's rejection of 80HHC relief for interest on FDRs was affirmed. Case-Laws Income Tax Tue, 07 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11104