https://www.taxtmi.com/caselaws?id=367064 The court dismissed the appeal seeking restoration of an erroneously withdrawn Income Tax Appeal due to the tax effect falling below the threshold set by a CBDT Circular. The court emphasized the significance of complying with the conditions outlined in Circulars issued by the CBDT, particularly regarding contesting adverse judgments on certain issues regardless of the tax effect. The appellant's argument for conditional withdrawal based on a Revenue Circular was rejected as the Revenue failed to prove compliance with the Circular's conditions, leading to the appeal's dismissal. 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https://www.taxtmi.com/caselaws?id=367064 The court dismissed the appeal seeking restoration of an erroneously withdrawn Income Tax Appeal due to the tax effect falling below the threshold set by a CBDT Circular. The court emphasized the significance of complying with the conditions outlined in Circulars issued by the CBDT, particularly regarding contesting adverse judgments on certain issues regardless of the tax effect. The appellant's argument for conditional withdrawal based on a Revenue Circular was rejected as the Revenue failed to prove compliance with the Circular's conditions, leading to the appeal's dismissal. Case-Laws Income Tax Mon, 10 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367064