https://www.taxtmi.com/caselaws?id=303850 Revenue appeals are not maintainable where the tax effect falls below the CBDT-prescribed monetary limit, unless a recognised exception applies. Here, the tax effect in the appeal was below the limit fixed under CBDT Circular No. 17/2019, so the ITAT treated the appeal as barred by the low tax effect rule and dismissed it. Liberty was reserved to seek revival if the matter is later shown to fall within an exception under the CBDT circular dated 20.08.2018. en-us Thu, 15 Apr 2021 00:00:00 +0530 Sat, 20 Aug 2022 08:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303850 Revenue appeals are not maintainable where the tax effect falls below the CBDT-prescribed monetary limit, unless a recognised exception applies. Here, the tax effect in the appeal was below the limit fixed under CBDT Circular No. 17/2019, so the ITAT treated the appeal as barred by the low tax effect rule and dismissed it. Liberty was reserved to seek revival if the matter is later shown to fall within an exception under the CBDT circular dated 20.08.2018. Case-Laws Income Tax Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303850