https://www.taxtmi.com/caselaws?id=286936 An income tax appeal below the prescribed tax-effect limit was held not entertainable because the Department failed to show that the revenue audit objection exception under the CBDT circulars was actually satisfied. A mere oral assertion that an audit objection existed was insufficient to bypass binding circulars, and no record was produced to prove acceptance of the objection. The appeal was therefore disposed of in accordance with the circulars, with the claimed exception not established. en-us Thu, 16 Jan 2020 00:00:00 +0530 Sat, 21 Mar 2020 08:54:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286936 An income tax appeal below the prescribed tax-effect limit was held not entertainable because the Department failed to show that the revenue audit objection exception under the CBDT circulars was actually satisfied. A mere oral assertion that an audit objection existed was insufficient to bypass binding circulars, and no record was produced to prove acceptance of the objection. The appeal was therefore disposed of in accordance with the circulars, with the claimed exception not established. Case-Laws Income Tax Thu, 16 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286936