https://www.taxtmi.com/caselaws?id=292573 The Appellate Tribunal dismissed the Departmental Appeal as non-maintainable due to the tax effect falling below the monetary limits set by CBDT Circulars, specifically Circular No.3/2018 and Circular No.17/2019. The Tribunal emphasized the retrospective application of these Circulars to ensure uniform treatment of cases and upheld the Department's decision not to press the appeal, in compliance with the prescribed monetary threshold. The judgment highlights the importance of regulatory compliance with CBDT Circulars in determining the maintainability of appeals before the Appellate Tribunal based on specified monetary limits. en-us Mon, 21 Oct 2019 00:00:00 +0530 Thu, 31 Dec 2020 13:24:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292573 The Appellate Tribunal dismissed the Departmental Appeal as non-maintainable due to the tax effect falling below the monetary limits set by CBDT Circulars, specifically Circular No.3/2018 and Circular No.17/2019. The Tribunal emphasized the retrospective application of these Circulars to ensure uniform treatment of cases and upheld the Department's decision not to press the appeal, in compliance with the prescribed monetary threshold. The judgment highlights the importance of regulatory compliance with CBDT Circulars in determining the maintainability of appeals before the Appellate Tribunal based on specified monetary limits. Case-Laws Income Tax Mon, 21 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292573