https://www.taxtmi.com/caselaws?id=389387 CBDT Circular dated 8.8.2019 was applied as a guiding factor in deciding whether to interfere under Article 136 where the tax effect was below the prescribed threshold. The Court condoned the delay in filing the special leave petition, but found no basis to exercise discretionary jurisdiction in light of the limited tax consequence. The petition was therefore dismissed, with the Circular's tax-effect threshold treated as the decisive consideration for declining relief. en-us Mon, 02 Dec 2019 00:00:00 +0530 Mon, 29 Jun 2026 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389387 CBDT Circular dated 8.8.2019 was applied as a guiding factor in deciding whether to interfere under Article 136 where the tax effect was below the prescribed threshold. The Court condoned the delay in filing the special leave petition, but found no basis to exercise discretionary jurisdiction in light of the limited tax consequence. The petition was therefore dismissed, with the Circular's tax-effect threshold treated as the decisive consideration for declining relief. Case-Laws Income Tax Mon, 02 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389387