https://www.taxtmi.com/caselaws?id=381267 The ITAT dismissed the department's appeal and the assessee's cross objection based on Circular No.3/2018, emphasizing adherence to the revised monetary limits for filing appeals before the ITAT. The judgment clarified the applicability of the circular to pending appeals and outlined guidelines for calculating the tax effect for appeal filing purposes. Instructions were provided for withdrawal or not pressing of appeals based on monetary limits, stressing decisions should be made on the case's merits. Compliance with the circular's directives was underscored, ensuring consistency with the revised monetary limits for appeal filings. en-us Mon, 13 May 2019 00:00:00 +0530 Fri, 07 Jun 2019 07:28:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381267 The ITAT dismissed the department's appeal and the assessee's cross objection based on Circular No.3/2018, emphasizing adherence to the revised monetary limits for filing appeals before the ITAT. The judgment clarified the applicability of the circular to pending appeals and outlined guidelines for calculating the tax effect for appeal filing purposes. Instructions were provided for withdrawal or not pressing of appeals based on monetary limits, stressing decisions should be made on the case's merits. Compliance with the circular's directives was underscored, ensuring consistency with the revised monetary limits for appeal filings. Case-Laws Income Tax Mon, 13 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381267