https://www.taxtmi.com/caselaws?id=376151 The Revenue's appeals against the orders of CWT(A)-12, Pune for various assessment years were dismissed by the Tribunal due to low tax effect, following the application of CBDT circulars on monetary limits for filing appeals in wealth tax matters. The Tribunal emphasized that the limits specified in the circulars applied to pending appeals as well, resulting in the dismissal of Revenue's appeals and the assessee's cross objections without consideration of the merits of the assessments. The Tribunal allowed the Revenue to seek re-institution of appeals if exceptions under the circular were met. en-us Wed, 27 Feb 2019 00:00:00 +0530 Mon, 04 Mar 2019 08:23:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376151 The Revenue's appeals against the orders of CWT(A)-12, Pune for various assessment years were dismissed by the Tribunal due to low tax effect, following the application of CBDT circulars on monetary limits for filing appeals in wealth tax matters. The Tribunal emphasized that the limits specified in the circulars applied to pending appeals as well, resulting in the dismissal of Revenue's appeals and the assessee's cross objections without consideration of the merits of the assessments. The Tribunal allowed the Revenue to seek re-institution of appeals if exceptions under the circular were met. Case-Laws Wealth-tax Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376151