https://www.taxtmi.com/caselaws?id=302088 The CBDT's revised monetary limit for departmental appeals before the ITAT bars filing where the tax effect does not exceed the prescribed threshold, subject to stated exceptions. It also requires the Assessing Officer to compute tax effect separately for each assessment year. As the tax effect in the present appeal was below the revised limit of Rs. 50,00,000, the departmental appeal was not maintainable and was dismissed on that ground. en-us Wed, 21 Aug 2019 00:00:00 +0530 Wed, 04 May 2022 20:56:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302088 The CBDT's revised monetary limit for departmental appeals before the ITAT bars filing where the tax effect does not exceed the prescribed threshold, subject to stated exceptions. It also requires the Assessing Officer to compute tax effect separately for each assessment year. As the tax effect in the present appeal was below the revised limit of Rs. 50,00,000, the departmental appeal was not maintainable and was dismissed on that ground. Case-Laws Income Tax Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302088