https://www.taxtmi.com/caselaws?id=385529 The Tribunal dismissed the appeal filed by the revenue and the cross objection by the assessee for the Assessment Year 2006-07. The decision was based on the applicability of CBDT Circular No. 17/2019, which raised monetary limits for filing appeals in income tax cases. As the tax effect in the revenue's appeal was below Rs. 50 lakhs, the appeal was deemed not maintainable according to the Circular. The Tribunal emphasized adherence to the Circular's directives and granted liberty to the revenue to file a miscellaneous application if specific instances arose from assessment and appellate orders. en-us Tue, 20 Aug 2019 00:00:00 +0530 Sat, 07 Sep 2019 06:55:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385529 The Tribunal dismissed the appeal filed by the revenue and the cross objection by the assessee for the Assessment Year 2006-07. The decision was based on the applicability of CBDT Circular No. 17/2019, which raised monetary limits for filing appeals in income tax cases. As the tax effect in the revenue's appeal was below Rs. 50 lakhs, the appeal was deemed not maintainable according to the Circular. The Tribunal emphasized adherence to the Circular's directives and granted liberty to the revenue to file a miscellaneous application if specific instances arose from assessment and appellate orders. Case-Laws Income Tax Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385529