https://www.taxtmi.com/caselaws?id=283416 The appeal filed by the revenue against the order of CIT(A)-4, Hyderabad for the assessment year 2013-14 was dismissed by the ITAT Hyderabad due to the tax effect being less than Rs. 20 lakh, in accordance with Circular No. 3/2018 issued by the CBDT. The Tribunal emphasized the importance of adhering to monetary limits for filing appeals, leading to the dismissal of both the revenue's appeal and the Cross Objection filed by the assessee. The decision underscores the Tribunal's commitment to reducing tax litigation in cases where the tax effect is below the specified threshold. en-us Fri, 10 Aug 2018 00:00:00 +0530 Sat, 21 Sep 2019 17:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283416 The appeal filed by the revenue against the order of CIT(A)-4, Hyderabad for the assessment year 2013-14 was dismissed by the ITAT Hyderabad due to the tax effect being less than Rs. 20 lakh, in accordance with Circular No. 3/2018 issued by the CBDT. The Tribunal emphasized the importance of adhering to monetary limits for filing appeals, leading to the dismissal of both the revenue's appeal and the Cross Objection filed by the assessee. The decision underscores the Tribunal's commitment to reducing tax litigation in cases where the tax effect is below the specified threshold. Case-Laws Income Tax Fri, 10 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283416