https://www.taxtmi.com/caselaws?id=301525 CBDT Circular No. 3/2018 on monetary limits for departmental appeals was applied to a pending Revenue appeal before the ITAT. The tax effect was found to be below the prescribed threshold for Tribunal litigation, so the appeal was dismissed without examination on merits. The document confirms that the circular governs pending appeals as well as future filings, making low tax effect a sufficient basis for dismissal where the monetary limit is not met. en-us Mon, 25 Mar 2019 00:00:00 +0530 Thu, 07 Apr 2022 20:14:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301525 CBDT Circular No. 3/2018 on monetary limits for departmental appeals was applied to a pending Revenue appeal before the ITAT. The tax effect was found to be below the prescribed threshold for Tribunal litigation, so the appeal was dismissed without examination on merits. The document confirms that the circular governs pending appeals as well as future filings, making low tax effect a sufficient basis for dismissal where the monetary limit is not met. Case-Laws Income Tax Mon, 25 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301525