https://www.taxtmi.com/caselaws?id=295997 CBDT Circular No. 21 of 2015 fixed a monetary limit for departmental appeals, and it was applied to pending appeals with retrospective effect. Where the tax effect is below the prescribed threshold, the Department is directed not to press or to withdraw the appeal, and the matter is not examined on merits. In this instance, the Revenue could not show that the tax effect exceeded the limit, so the appeal fell within the circular and was treated as not maintainable. en-us Fri, 16 Jun 2017 00:00:00 +0530 Wed, 30 Jun 2021 08:19:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295997 CBDT Circular No. 21 of 2015 fixed a monetary limit for departmental appeals, and it was applied to pending appeals with retrospective effect. Where the tax effect is below the prescribed threshold, the Department is directed not to press or to withdraw the appeal, and the matter is not examined on merits. In this instance, the Revenue could not show that the tax effect exceeded the limit, so the appeal fell within the circular and was treated as not maintainable. Case-Laws Income Tax Fri, 16 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295997