https://www.taxtmi.com/caselaws?id=382434 The High Court declined to entertain the Revenue's tax case appeals because the tax effect was below the monetary limit prescribed in CBDT Circular No. 3 of 2018. As no distinguishing feature was shown to make the Circular inapplicable, the Department was held not entitled to pursue the appeals and they were dismissed. The substantial questions of law were left undecided, and the Court reserved liberty for the Revenue to seek restoration if it is later shown that the tax effect exceeds the prescribed threshold. en-us Fri, 07 Jun 2019 00:00:00 +0530 Wed, 03 Jul 2019 08:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382434 The High Court declined to entertain the Revenue's tax case appeals because the tax effect was below the monetary limit prescribed in CBDT Circular No. 3 of 2018. As no distinguishing feature was shown to make the Circular inapplicable, the Department was held not entitled to pursue the appeals and they were dismissed. The substantial questions of law were left undecided, and the Court reserved liberty for the Revenue to seek restoration if it is later shown that the tax effect exceeds the prescribed threshold. Case-Laws Income Tax Fri, 07 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382434