https://www.taxtmi.com/caselaws?id=366335 The Tribunal dismissed both the assessee's and Revenue's cross-appeals for assessment years 2002-03 and 2004-05. The assessee's appeal was rejected due to failure to raise certain issues initially, emphasizing procedural finality. The Revenue's appeals were dismissed as the tax effect fell below the threshold specified by CBDT instruction No.3 of 2018, rendering them not maintainable. The Tribunal highlighted the importance of adhering to the circular and allowed for a potential recall by the Department if the tax effect exceeded the threshold or met specified exceptions. en-us Thu, 30 Aug 2018 00:00:00 +0530 Sat, 01 Sep 2018 08:31:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366335 The Tribunal dismissed both the assessee's and Revenue's cross-appeals for assessment years 2002-03 and 2004-05. The assessee's appeal was rejected due to failure to raise certain issues initially, emphasizing procedural finality. The Revenue's appeals were dismissed as the tax effect fell below the threshold specified by CBDT instruction No.3 of 2018, rendering them not maintainable. The Tribunal highlighted the importance of adhering to the circular and allowed for a potential recall by the Department if the tax effect exceeded the threshold or met specified exceptions. Case-Laws Income Tax Thu, 30 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366335