https://www.taxtmi.com/caselaws?id=385275 The Appellate Tribunal dismissed all appeals filed by the Revenue as non-maintainable due to the tax effect being below the specified threshold in accordance with CBDT circular No. 17/2019. Cross objections by the assessee were also dismissed as infructuous. The Tribunal granted the Revenue liberty to seek recall of dismissed appeals if they fall under exceptions or exceed monetary limits. The judgment emphasized the interpretation and application of CBDT circulars, aligning with the Hon'ble Supreme Court's decision in a related case. The decision reinforced the policy of not pursuing appeals with tax effects below specified limits. 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 The Appellate Tribunal dismissed all appeals filed by the Revenue as non-maintainable due to the tax effect being below the specified threshold in accordance with CBDT circular No. 17/2019. Cross objections by the assessee were also dismissed as infructuous. The Tribunal granted the Revenue liberty to seek recall of dismissed appeals if they fall under exceptions or exceed monetary limits. The judgment emphasized the interpretation and application of CBDT circulars, aligning with the Hon'ble Supreme Court's decision in a related case. The decision reinforced the policy of not pursuing appeals with tax effects below specified limits. Case-Laws Income Tax Mon, 26 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385275