https://www.taxtmi.com/caselaws?id=297099 The Appellate Tribunal ITAT Amritsar dismissed the Revenue Department's appeal against an order by the Ld. CIT(A) under section 250(6) of the Income Tax Act, 1961. The appeal was rejected as the tax effect did not exceed 50 lacs, in compliance with CBDT Circular No.17/2019, which limits appeals below the specified threshold. The Tribunal allowed the Revenue Department to seek a recall if falling within exceptions in Circular No.03/2018 or if the tax effect surpassed 50 lacs. Ultimately, the appeal was withdrawn in line with the Circular's provisions. en-us Thu, 22 Aug 2019 00:00:00 +0530 Thu, 19 Aug 2021 04:50:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297099 The Appellate Tribunal ITAT Amritsar dismissed the Revenue Department's appeal against an order by the Ld. CIT(A) under section 250(6) of the Income Tax Act, 1961. The appeal was rejected as the tax effect did not exceed 50 lacs, in compliance with CBDT Circular No.17/2019, which limits appeals below the specified threshold. The Tribunal allowed the Revenue Department to seek a recall if falling within exceptions in Circular No.03/2018 or if the tax effect surpassed 50 lacs. Ultimately, the appeal was withdrawn in line with the Circular's provisions. Case-Laws Income Tax Thu, 22 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297099