https://www.taxtmi.com/caselaws?id=279662 The appeal filed by the Revenue against the CIT(A) order for the assessment year 2010-11 was dismissed by ITAT Delhi. The computation of tax effect by the assessee, below the monetary limit of Rs. 20 lakhs, led to the conclusion that the appeal should have been withdrawn or not pressed, as per CBDT Circular No. 3/2018 and Section 268 A of the Income Tax Act, 1961. The decision emphasized the importance of adhering to prescribed monetary limits for tax appeals and highlighted the significance of procedural requirements in tax matters. en-us Wed, 18 Jul 2018 00:00:00 +0530 Sat, 30 Mar 2019 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279662 The appeal filed by the Revenue against the CIT(A) order for the assessment year 2010-11 was dismissed by ITAT Delhi. The computation of tax effect by the assessee, below the monetary limit of Rs. 20 lakhs, led to the conclusion that the appeal should have been withdrawn or not pressed, as per CBDT Circular No. 3/2018 and Section 268 A of the Income Tax Act, 1961. The decision emphasized the importance of adhering to prescribed monetary limits for tax appeals and highlighted the significance of procedural requirements in tax matters. Case-Laws Income Tax Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279662