https://www.taxtmi.com/caselaws?id=293356 A Revenue appeal with tax effect below the prescribed monetary limit was held not maintainable. Although CBDT Circular No. 21/2015 permits appeals involving Revenue audit objections, Circular No. 5/2017 and Instruction No. 7/2017 require scrutiny on merits before filing, and disallow mechanical appeals where the first appellate order is justified in law or on facts. Applying that approach, the Tribunal found no basis to challenge the deletion of excess depreciation and rejected the Revenue audit objection. en-us Fri, 31 Aug 2018 00:00:00 +0530 Wed, 13 Nov 2024 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293356 A Revenue appeal with tax effect below the prescribed monetary limit was held not maintainable. Although CBDT Circular No. 21/2015 permits appeals involving Revenue audit objections, Circular No. 5/2017 and Instruction No. 7/2017 require scrutiny on merits before filing, and disallow mechanical appeals where the first appellate order is justified in law or on facts. Applying that approach, the Tribunal found no basis to challenge the deletion of excess depreciation and rejected the Revenue audit objection. Case-Laws Income Tax Fri, 31 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293356