https://www.taxtmi.com/caselaws?id=291880 The Revenue's appeal against the Order of the Commissioner of Income Tax (Appeals) was dismissed due to the tax effect falling below the prescribed limit of Rs. 20 lakhs set for Revenue's appeals before the Tribunal under section 268A of the Income Tax Act, 1961. The disputed addition amounted to Rs. 34.22 lakhs, resulting in a tax effect of Rs. 11.05 lakhs, below the threshold. The appeal was deemed not maintainable, emphasizing the importance of adhering to monetary limits for appeals to ensure efficient adjudication of cases. en-us Thu, 15 Nov 2018 00:00:00 +0530 Sat, 28 Nov 2020 09:16:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291880 The Revenue's appeal against the Order of the Commissioner of Income Tax (Appeals) was dismissed due to the tax effect falling below the prescribed limit of Rs. 20 lakhs set for Revenue's appeals before the Tribunal under section 268A of the Income Tax Act, 1961. The disputed addition amounted to Rs. 34.22 lakhs, resulting in a tax effect of Rs. 11.05 lakhs, below the threshold. The appeal was deemed not maintainable, emphasizing the importance of adhering to monetary limits for appeals to ensure efficient adjudication of cases. Case-Laws Income Tax Thu, 15 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291880