https://www.taxtmi.com/caselaws?id=398901 The Court ruled in favor of the Revenue regarding the first issue, finding that the Tribunal erred in dismissing the appeal solely based on low tax effect without considering exceptions under Circular No.3 of 2018. The matter was remitted back to the Tribunal for fresh consideration. On the second issue, the Court emphasized the importance of hearing cases on their merits, even when tax demands are relatively low. The Court referred to a previous judgment and decided in favor of the Revenue for the first issue and the assessee for the second issue. en-us Fri, 18 Sep 2020 00:00:00 +0530 Sat, 26 Sep 2020 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398901 The Court ruled in favor of the Revenue regarding the first issue, finding that the Tribunal erred in dismissing the appeal solely based on low tax effect without considering exceptions under Circular No.3 of 2018. The matter was remitted back to the Tribunal for fresh consideration. On the second issue, the Court emphasized the importance of hearing cases on their merits, even when tax demands are relatively low. The Court referred to a previous judgment and decided in favor of the Revenue for the first issue and the assessee for the second issue. Case-Laws Income Tax Fri, 18 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398901