https://www.taxtmi.com/caselaws?id=200891 The Tribunal dismissed the appeals filed by the department as the tax effect in each appeal was less than Rs. 10,00,000, falling below the monetary limit set by Circular No. 21/2015 and Section 268A of the Income Tax Act, 1961. The CBDT circular clarified that appeals should not be filed solely based on exceeding monetary limits but should be based on the merits of the case. The Tribunal's decision was in line with the circular and statutory provisions, leading to the dismissal of the department's appeals. en-us Fri, 24 Jun 2016 00:00:00 +0530 Tue, 01 May 2018 05:20:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200891 The Tribunal dismissed the appeals filed by the department as the tax effect in each appeal was less than Rs. 10,00,000, falling below the monetary limit set by Circular No. 21/2015 and Section 268A of the Income Tax Act, 1961. The CBDT circular clarified that appeals should not be filed solely based on exceeding monetary limits but should be based on the merits of the case. The Tribunal's decision was in line with the circular and statutory provisions, leading to the dismissal of the department's appeals. Case-Laws Income Tax Fri, 24 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200891