https://www.taxtmi.com/caselaws?id=378384 The ITAT Visakhapatnam dismissed the appeal filed by the revenue as not maintainable due to the tax effect being below Rs. 10 lakhs, as agreed upon by both parties. The Tribunal upheld Circular No.21/2015, which exempts appeals with tax effects below the specified threshold. Additionally, the Miscellaneous Application filed by the AO under section 254(2) of the Income Tax Act, 1961, was rejected as it did not establish grounds for modifying the original order regarding the issue of disallowance under section 40A(3) of the Act. The Tribunal concluded the matter on 10th April 2019. en-us Wed, 10 Apr 2019 00:00:00 +0530 Mon, 15 Apr 2019 07:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378384 The ITAT Visakhapatnam dismissed the appeal filed by the revenue as not maintainable due to the tax effect being below Rs. 10 lakhs, as agreed upon by both parties. The Tribunal upheld Circular No.21/2015, which exempts appeals with tax effects below the specified threshold. Additionally, the Miscellaneous Application filed by the AO under section 254(2) of the Income Tax Act, 1961, was rejected as it did not establish grounds for modifying the original order regarding the issue of disallowance under section 40A(3) of the Act. The Tribunal concluded the matter on 10th April 2019. Case-Laws Income Tax Wed, 10 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378384