https://www.taxtmi.com/caselaws?id=281326 The Court held that the review petition seeking to challenge an order under Section 260A of the Income Tax Act, 1961 was maintainable based on relevant Supreme Court precedents. However, due to the tax effect being below the specified threshold and the potential impact on the appeal proceedings, the Revenue decided not to pursue the review further. As a result, the Court dismissed the review petition as not pressed, emphasizing the significance of tax effect considerations in determining the appropriate course of action for the Revenue in such matters. en-us Tue, 31 Jan 2017 00:00:00 +0530 Fri, 14 Jun 2019 06:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281326 The Court held that the review petition seeking to challenge an order under Section 260A of the Income Tax Act, 1961 was maintainable based on relevant Supreme Court precedents. However, due to the tax effect being below the specified threshold and the potential impact on the appeal proceedings, the Revenue decided not to pursue the review further. As a result, the Court dismissed the review petition as not pressed, emphasizing the significance of tax effect considerations in determining the appropriate course of action for the Revenue in such matters. Case-Laws Income Tax Tue, 31 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281326