https://www.taxtmi.com/caselaws?id=365042 The Court dismissed all Revenue appeals challenging orders of the Commissioner of Income-tax (Appeals) due to the tax effect falling below the prescribed limit of ? 20,00,000 for filing appeals before the Income Tax Appellate Tribunal. The judgment emphasized compliance with the CBDT Circular and Section 268A of the Income Tax Act, directing the Revenue to withdraw appeals not meeting the monetary threshold. As a result, the Cross Objection filed by the assessee was dismissed, highlighting the importance of adhering to monetary limits to promote efficiency and reduce unnecessary litigation. en-us Thu, 02 Aug 2018 00:00:00 +0530 Thu, 09 Aug 2018 07:29:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365042 The Court dismissed all Revenue appeals challenging orders of the Commissioner of Income-tax (Appeals) due to the tax effect falling below the prescribed limit of ? 20,00,000 for filing appeals before the Income Tax Appellate Tribunal. The judgment emphasized compliance with the CBDT Circular and Section 268A of the Income Tax Act, directing the Revenue to withdraw appeals not meeting the monetary threshold. As a result, the Cross Objection filed by the assessee was dismissed, highlighting the importance of adhering to monetary limits to promote efficiency and reduce unnecessary litigation. Case-Laws Income Tax Thu, 02 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365042