https://www.taxtmi.com/caselaws?id=290128 The Tribunal dismissed the Revenue's Miscellaneous Application, upholding its initial decision to dismiss the Revenue's appeal due to a tax effect below Rs. 10 lakh, in accordance with CBDT Circular No. 21/2015. The Revenue's argument for an exception based on an accepted audit objection was rejected as it was not raised during the appeal process. The Tribunal referred to the Gujarat HC's decision, which emphasized the necessity of raising objections during the appeal process for consideration. Consequently, the Tribunal found no apparent mistake in its order, affirming the lack of merit in the Revenue's application. en-us Wed, 24 Apr 2019 00:00:00 +0530 Thu, 14 Nov 2024 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290128 The Tribunal dismissed the Revenue's Miscellaneous Application, upholding its initial decision to dismiss the Revenue's appeal due to a tax effect below Rs. 10 lakh, in accordance with CBDT Circular No. 21/2015. The Revenue's argument for an exception based on an accepted audit objection was rejected as it was not raised during the appeal process. The Tribunal referred to the Gujarat HC's decision, which emphasized the necessity of raising objections during the appeal process for consideration. Consequently, the Tribunal found no apparent mistake in its order, affirming the lack of merit in the Revenue's application. Case-Laws Income Tax Wed, 24 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290128