https://www.taxtmi.com/caselaws?id=378872 The Madras High Court dismissed the Revenue's Appeals challenging the Income Tax Appellate Tribunal's order due to falling below the monetary limit set by the Central Board of Direct Taxes. The Appeals were not pressed, but the Court kept the substantial legal questions open for future cases. The judgment emphasized the importance of clarity and adherence to guidelines in legal decisions, addressing issues of penalty levy ambiguity and the challenge to the Tribunal's order. en-us Fri, 01 Mar 2019 00:00:00 +0530 Tue, 23 Apr 2019 08:26:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378872 The Madras High Court dismissed the Revenue's Appeals challenging the Income Tax Appellate Tribunal's order due to falling below the monetary limit set by the Central Board of Direct Taxes. The Appeals were not pressed, but the Court kept the substantial legal questions open for future cases. The judgment emphasized the importance of clarity and adherence to guidelines in legal decisions, addressing issues of penalty levy ambiguity and the challenge to the Tribunal's order. Case-Laws Income Tax Fri, 01 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378872