https://www.taxtmi.com/caselaws?id=406199 The Tax Case Appeal under Section 260A of the Income Tax Act, 1961, filed by the Revenue against the Income Tax Appellate Tribunal's order for the Assessment Year 2009-10, was dismissed as withdrawn by the High Court due to the Low Tax Effect. The appeal was not pursued as the tax effect fell below the increased threshold limit of Rs. 1 crore for filing or pursuing appeals before the High Court, as per Circular No.17/2019 issued by the Central Board of Direct Taxes. The substantial questions of law raised by the Revenue were left open, with liberty granted to reinstate the appeal if the tax effect exceeded the threshold limit. en-us Tue, 30 Mar 2021 00:00:00 +0530 Thu, 08 Apr 2021 09:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406199 The Tax Case Appeal under Section 260A of the Income Tax Act, 1961, filed by the Revenue against the Income Tax Appellate Tribunal's order for the Assessment Year 2009-10, was dismissed as withdrawn by the High Court due to the Low Tax Effect. The appeal was not pursued as the tax effect fell below the increased threshold limit of Rs. 1 crore for filing or pursuing appeals before the High Court, as per Circular No.17/2019 issued by the Central Board of Direct Taxes. The substantial questions of law raised by the Revenue were left open, with liberty granted to reinstate the appeal if the tax effect exceeded the threshold limit. Case-Laws Income Tax Tue, 30 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406199