https://www.taxtmi.com/caselaws?id=366073 The Tribunal held that the Revenue's appeal for the Asstt. Year 2007-08 was not maintainable due to Circular No. 3/2018, which raised the monetary limit for filing appeals before the ITAT to Rs. 20 lakhs. The amended circular exceptions did not apply to the case covered by the original Circular No. 3/18. The Tribunal emphasized appeals should be based on case merits, not just exceeding monetary limits. The Circular applied retrospectively to pending appeals, leading to the dismissal of both the department's appeal and the assessee's Cross Objections. en-us Thu, 23 Aug 2018 00:00:00 +0530 Tue, 28 Aug 2018 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366073 The Tribunal held that the Revenue's appeal for the Asstt. Year 2007-08 was not maintainable due to Circular No. 3/2018, which raised the monetary limit for filing appeals before the ITAT to Rs. 20 lakhs. The amended circular exceptions did not apply to the case covered by the original Circular No. 3/18. The Tribunal emphasized appeals should be based on case merits, not just exceeding monetary limits. The Circular applied retrospectively to pending appeals, leading to the dismissal of both the department's appeal and the assessee's Cross Objections. Case-Laws Income Tax Thu, 23 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366073