https://www.taxtmi.com/caselaws?id=367064 CBDT circulars prescribing monetary limits for departmental appeals remain binding on the Revenue, including the conditions attached to any exception. Where the Revenue seeks to rely on the audit-objection exception, it must produce cogent material showing that the objection was in fact accepted by the Department. A mere assertion that an audit objection existed is insufficient. As no supporting record was produced, the exception was not established and the appeal was not entertained. en-us Mon, 10 Sep 2018 00:00:00 +0530 Fri, 14 Sep 2018 07:48:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367064 CBDT circulars prescribing monetary limits for departmental appeals remain binding on the Revenue, including the conditions attached to any exception. Where the Revenue seeks to rely on the audit-objection exception, it must produce cogent material showing that the objection was in fact accepted by the Department. A mere assertion that an audit objection existed is insufficient. As no supporting record was produced, the exception was not established and the appeal was not entertained. Case-Laws Income Tax Mon, 10 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367064