https://www.taxtmi.com/caselaws?id=304973 The Tribunal recalled its earlier dismissal of the Revenue's appeal for low tax effect after accepting that the reassessment was triggered by information received from external sources. Material on record showed that the information came through the Sales Tax Department via DGIT (Investigation), including sworn statements. On that basis, the case was treated as falling within the exception in para 10(e) of the CBDT Circular, so the monetary limit did not bar consideration of the appeal. The Revenue's miscellaneous application was accordingly allowed and the prior dismissal order was set aside. en-us Fri, 29 Apr 2022 00:00:00 +0530 Wed, 09 Nov 2022 08:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304973 The Tribunal recalled its earlier dismissal of the Revenue's appeal for low tax effect after accepting that the reassessment was triggered by information received from external sources. Material on record showed that the information came through the Sales Tax Department via DGIT (Investigation), including sworn statements. On that basis, the case was treated as falling within the exception in para 10(e) of the CBDT Circular, so the monetary limit did not bar consideration of the appeal. The Revenue's miscellaneous application was accordingly allowed and the prior dismissal order was set aside. Case-Laws Income Tax Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304973