https://www.taxtmi.com/caselaws?id=288027 Departmental appeals are not maintainable where the tax effect falls below the monetary limit prescribed by a binding CBDT circular. The circular applies retrospectively to pending matters and, in penalty cases, the tax effect is assessed by reference to the quantum of penalty deleted or reduced. Once the prescribed threshold is not crossed, income-tax authorities cannot pursue the appeal on merits, and the appellate challenge fails at the threshold. en-us Fri, 15 Jan 2016 00:00:00 +0530 Thu, 14 May 2020 13:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288027 Departmental appeals are not maintainable where the tax effect falls below the monetary limit prescribed by a binding CBDT circular. The circular applies retrospectively to pending matters and, in penalty cases, the tax effect is assessed by reference to the quantum of penalty deleted or reduced. Once the prescribed threshold is not crossed, income-tax authorities cannot pursue the appeal on merits, and the appellate challenge fails at the threshold. Case-Laws Income Tax Fri, 15 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288027