https://www.taxtmi.com/caselaws?id=283187 Revenue appeals were dismissed for low tax effect because the tax effect fell below the revised monetary limit of Rs. 20 lakhs under CBDT Circular No. 3/2018. The circular was treated as applicable retrospectively to pending appeals, so the matters did not require adjudication on merits. The dismissal was expressly not an affirmation of the CIT(A)'s orders on the merits, and the question of law was left open for an appropriate case. en-us Thu, 01 Nov 2018 00:00:00 +0530 Thu, 12 Sep 2019 10:10:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283187 Revenue appeals were dismissed for low tax effect because the tax effect fell below the revised monetary limit of Rs. 20 lakhs under CBDT Circular No. 3/2018. The circular was treated as applicable retrospectively to pending appeals, so the matters did not require adjudication on merits. The dismissal was expressly not an affirmation of the CIT(A)'s orders on the merits, and the question of law was left open for an appropriate case. Case-Laws Income Tax Thu, 01 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283187