https://www.taxtmi.com/caselaws?id=366085 The appeal challenging the Income-tax Appellate Tribunal's order for block assessment was dismissed as the declared sum of Rs. 82 lakhs fell below the monetary limit set by the Circular Instructions issued by the CBDT. The Court emphasized adherence to the Circular to manage litigation effectively and reduce unnecessary appeals, in line with Supreme Court precedent. The decision highlighted the significance of proper examination of cases on merits and the importance of following the Circular guidelines in determining the filing or pursuit of appeals. en-us Mon, 30 Jul 2018 00:00:00 +0530 Wed, 29 Aug 2018 07:04:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366085 The appeal challenging the Income-tax Appellate Tribunal's order for block assessment was dismissed as the declared sum of Rs. 82 lakhs fell below the monetary limit set by the Circular Instructions issued by the CBDT. The Court emphasized adherence to the Circular to manage litigation effectively and reduce unnecessary appeals, in line with Supreme Court precedent. The decision highlighted the significance of proper examination of cases on merits and the importance of following the Circular guidelines in determining the filing or pursuit of appeals. Case-Laws Income Tax Mon, 30 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366085