https://www.taxtmi.com/caselaws?id=368964 Revenue appeals were held not maintainable where the tax effect in the individual assessment years fell below the CBDT Circular No. 3/2018 monetary limit. The Tribunal applied the rule that tax effect is ordinarily to be computed separately for each assessment year, and rejected reliance on the composite-order exception because it could not deprive the assessee of the monetary threshold benefit when a common order covered multiple years. It also followed the binding High Court view that treating assessment years differently within one common order was discriminatory and contrary to Article 14. The appeals were dismissed. en-us Fri, 12 Oct 2018 00:00:00 +0530 Wed, 17 Oct 2018 07:44:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368964 Revenue appeals were held not maintainable where the tax effect in the individual assessment years fell below the CBDT Circular No. 3/2018 monetary limit. The Tribunal applied the rule that tax effect is ordinarily to be computed separately for each assessment year, and rejected reliance on the composite-order exception because it could not deprive the assessee of the monetary threshold benefit when a common order covered multiple years. It also followed the binding High Court view that treating assessment years differently within one common order was discriminatory and contrary to Article 14. The appeals were dismissed. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368964