https://www.taxtmi.com/caselaws?id=283176 The Tribunal dismissed all 16 Revenue appeals as the tax effect was below the prescribed limit of Rs. 20,00,000 according to Circular No. 3/2018 and Section 268A of the Income Tax Act, 1961. The Department did not contest this fact. Consequently, the cross objections by the assessees were also dismissed as they aligned with the CIT(A) orders. The Tribunal's decision on 10/08/2018 concluded the legal proceedings, resulting in the dismissal of all Revenue appeals and assessees' cross objections. en-us Fri, 10 Aug 2018 00:00:00 +0530 Wed, 11 Sep 2019 11:09:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283176 The Tribunal dismissed all 16 Revenue appeals as the tax effect was below the prescribed limit of Rs. 20,00,000 according to Circular No. 3/2018 and Section 268A of the Income Tax Act, 1961. The Department did not contest this fact. Consequently, the cross objections by the assessees were also dismissed as they aligned with the CIT(A) orders. The Tribunal's decision on 10/08/2018 concluded the legal proceedings, resulting in the dismissal of all Revenue appeals and assessees' cross objections. Case-Laws Income Tax Fri, 10 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283176