https://www.taxtmi.com/caselaws?id=281205 CBDT Circular No. 3/2018 raised the monetary threshold for departmental appeals before the ITAT to Rs. 20 lakhs and applied it to pending as well as future appeals. Where the admitted tax effect in a Revenue appeal falls below that limit, the appeal is not maintainable and must be dismissed on the ground of low tax effect. The note applies this threshold rule to the Tribunal context and concludes that the Revenue's appeal could not proceed because the tax effect was below the prescribed limit. en-us Thu, 19 Jul 2018 00:00:00 +0530 Sat, 08 Jun 2019 07:23:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281205 CBDT Circular No. 3/2018 raised the monetary threshold for departmental appeals before the ITAT to Rs. 20 lakhs and applied it to pending as well as future appeals. Where the admitted tax effect in a Revenue appeal falls below that limit, the appeal is not maintainable and must be dismissed on the ground of low tax effect. The note applies this threshold rule to the Tribunal context and concludes that the Revenue's appeal could not proceed because the tax effect was below the prescribed limit. Case-Laws Income Tax Thu, 19 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281205