https://www.taxtmi.com/caselaws?id=405897 The Tribunal dismissed the Revenue's appeal concerning the interpretation of provisions of the Income Tax Act for charitable institutions. The appeal was deemed not maintainable due to the tax effect falling below the threshold outlined in a CBDT Circular, emphasizing the importance of adhering to such thresholds for filing appeals. The High Court remitted the issue back to the Tribunal for reconsideration in light of relevant statutory provisions regarding statutory deductions and total income computation for public charitable trusts. en-us Mon, 29 Mar 2021 00:00:00 +0530 Thu, 01 Apr 2021 08:46:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405897 The Tribunal dismissed the Revenue's appeal concerning the interpretation of provisions of the Income Tax Act for charitable institutions. The appeal was deemed not maintainable due to the tax effect falling below the threshold outlined in a CBDT Circular, emphasizing the importance of adhering to such thresholds for filing appeals. The High Court remitted the issue back to the Tribunal for reconsideration in light of relevant statutory provisions regarding statutory deductions and total income computation for public charitable trusts. Case-Laws Income Tax Mon, 29 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405897