https://www.taxtmi.com/caselaws?id=387000 The Tribunal dismissed the department's appeal against the order of the ld. CIT(A), Jaipur for the assessment year 2010-11 due to the tax effect being below the revised monetary limit of Rs. 50,00,000 set by the CBDT. The appeal did not meet the criteria outlined in Circular No. 17 of 2019, emphasizing the importance of adhering to the updated limits to minimize litigation. The department was advised to file a Miscellaneous Application if the tax effect exceeded the limit or fell under specified exceptions. The Tribunal's decision highlighted the necessity of complying with the revised monetary limits for filing appeals before the Income Tax Appellate Tribunal. en-us Thu, 22 Aug 2019 00:00:00 +0530 Tue, 15 Oct 2019 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387000 The Tribunal dismissed the department's appeal against the order of the ld. CIT(A), Jaipur for the assessment year 2010-11 due to the tax effect being below the revised monetary limit of Rs. 50,00,000 set by the CBDT. The appeal did not meet the criteria outlined in Circular No. 17 of 2019, emphasizing the importance of adhering to the updated limits to minimize litigation. The department was advised to file a Miscellaneous Application if the tax effect exceeded the limit or fell under specified exceptions. The Tribunal's decision highlighted the necessity of complying with the revised monetary limits for filing appeals before the Income Tax Appellate Tribunal. Case-Laws Income Tax Thu, 22 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387000