https://www.taxtmi.com/caselaws?id=293404 The Revenue's appeal was dismissed by the Tribunal due to the tax effect falling below the monetary limit specified in the CBDT Circular. Subsequently, a clarification was issued that the Circular did not apply to cases involving bogus LTCG/STCG. Following this clarification, the Tribunal decided to recall its order and restore the appeal for hearing, with the case set to be heard on 27/04/2020. The miscellaneous application filed by the Revenue was allowed, and the order was pronounced on 10-02-2020 in Ahmedabad. en-us Mon, 10 Feb 2020 00:00:00 +0530 Wed, 10 Feb 2021 09:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293404 The Revenue's appeal was dismissed by the Tribunal due to the tax effect falling below the monetary limit specified in the CBDT Circular. Subsequently, a clarification was issued that the Circular did not apply to cases involving bogus LTCG/STCG. Following this clarification, the Tribunal decided to recall its order and restore the appeal for hearing, with the case set to be heard on 27/04/2020. The miscellaneous application filed by the Revenue was allowed, and the order was pronounced on 10-02-2020 in Ahmedabad. Case-Laws Income Tax Mon, 10 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293404