https://www.taxtmi.com/caselaws?id=365731 The Tribunal dismissed the Revenue's appeal as the tax effect in the Departmental Appeal was below the monetary limit specified by CBDT Circular No. 3 of 2018. The Circular directed that appeals falling below the limit should not be pursued before the Tribunal. The Revenue's appeal did not meet the exceptions outlined in the Circular and was withdrawn/not pressed by the Learned CIT (DR), leading to its dismissal. This case underscores the importance of adhering to CBDT's monetary limits in filing Departmental Appeals to ensure compliance with directives and efficient dispute resolution. en-us Mon, 20 Aug 2018 00:00:00 +0530 Wed, 22 Aug 2018 08:06:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365731 The Tribunal dismissed the Revenue's appeal as the tax effect in the Departmental Appeal was below the monetary limit specified by CBDT Circular No. 3 of 2018. The Circular directed that appeals falling below the limit should not be pursued before the Tribunal. The Revenue's appeal did not meet the exceptions outlined in the Circular and was withdrawn/not pressed by the Learned CIT (DR), leading to its dismissal. This case underscores the importance of adhering to CBDT's monetary limits in filing Departmental Appeals to ensure compliance with directives and efficient dispute resolution. Case-Laws Income Tax Mon, 20 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365731