https://www.taxtmi.com/caselaws?id=375009 The Tribunal dismissed all Revenue's appeals against the CIT(A)'s order for assessment years 2004-05 to 2009-10, citing low tax effect in each individual year below the prescribed limit as per CBDT Circular. The Tribunal held that appeals must meet the tax effect threshold for each assessment year separately, even if a consolidated order was issued. The decision aligned with a Karnataka HC ruling, emphasizing adherence to the Circular's guidelines. The Tribunal did not delve into the case merits, leaving open the possibility for the Revenue to revive the appeal if needed. (Judgment Date: February 7, 2019) en-us Thu, 07 Feb 2019 00:00:00 +0530 Wed, 13 Feb 2019 06:09:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375009 The Tribunal dismissed all Revenue's appeals against the CIT(A)'s order for assessment years 2004-05 to 2009-10, citing low tax effect in each individual year below the prescribed limit as per CBDT Circular. The Tribunal held that appeals must meet the tax effect threshold for each assessment year separately, even if a consolidated order was issued. The decision aligned with a Karnataka HC ruling, emphasizing adherence to the Circular's guidelines. The Tribunal did not delve into the case merits, leaving open the possibility for the Revenue to revive the appeal if needed. (Judgment Date: February 7, 2019) Case-Laws Income Tax Thu, 07 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375009