https://www.taxtmi.com/caselaws?id=385275 CBDT's revised monetary limit for filing tax appeals, including pending matters, barred pursuit of Revenue appeals where the tax effect fell below the prescribed threshold. The circular dated 08.08.2019 was applied with the earlier retained clauses permitting withdrawal or non-pressing of low-tax appeals, following the Supreme Court principle that such appeals should not be pursued. As the connected cross-objections depended entirely on the Revenue appeals and only supported the appellate orders, they did not survive independently. The Revenue appeals were treated as not maintainable and dismissed as withdrawn, and the cross-objections were dismissed as infructuous. en-us Mon, 26 Aug 2019 00:00:00 +0530 Mon, 11 Nov 2024 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385275 CBDT's revised monetary limit for filing tax appeals, including pending matters, barred pursuit of Revenue appeals where the tax effect fell below the prescribed threshold. The circular dated 08.08.2019 was applied with the earlier retained clauses permitting withdrawal or non-pressing of low-tax appeals, following the Supreme Court principle that such appeals should not be pursued. As the connected cross-objections depended entirely on the Revenue appeals and only supported the appellate orders, they did not survive independently. The Revenue appeals were treated as not maintainable and dismissed as withdrawn, and the cross-objections were dismissed as infructuous. Case-Laws Income Tax Mon, 26 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385275