https://www.taxtmi.com/caselaws?id=286442 The department's appeal before the ITAT against the order of the ld. CIT (A) for the assessment year 2013-14 was dismissed as the tax effect did not exceed the revised monetary limit of Rs. 50 lakhs set by the CBDT for filing appeals. The Tribunal referred to Circular No. 17 of 2019, which outlined guidelines for determining the tax effect and filing appeals based on the monetary threshold. The department was advised to file a Miscellaneous Application if the tax effect exceeded Rs. 50 lakhs or fell under exceptions specified in the circular. en-us Mon, 02 Sep 2019 00:00:00 +0530 Wed, 26 Feb 2020 10:40:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286442 The department's appeal before the ITAT against the order of the ld. CIT (A) for the assessment year 2013-14 was dismissed as the tax effect did not exceed the revised monetary limit of Rs. 50 lakhs set by the CBDT for filing appeals. The Tribunal referred to Circular No. 17 of 2019, which outlined guidelines for determining the tax effect and filing appeals based on the monetary threshold. The department was advised to file a Miscellaneous Application if the tax effect exceeded Rs. 50 lakhs or fell under exceptions specified in the circular. Case-Laws Income Tax Mon, 02 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286442