https://www.taxtmi.com/caselaws?id=304967 The Appellate Tribunal ITAT Mumbai dismissed the revenue appeal for the assessment year 2009-10 as not maintainable based on a Circular issued by the CBDT. The Circular directed the revenue to withdraw appeals before the Tribunal if the tax effect on disputed issues is less than or equal to Rs.50,00,000. The Tribunal emphasized the binding nature of the Circular on revenue authorities and allowed for a miscellaneous application for order recall if exceptions were proven. The revenue's appeal was dismissed accordingly, with the option to file a miscellaneous application if warranted. en-us Mon, 07 Sep 2020 00:00:00 +0530 Wed, 09 Nov 2022 08:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304967 The Appellate Tribunal ITAT Mumbai dismissed the revenue appeal for the assessment year 2009-10 as not maintainable based on a Circular issued by the CBDT. The Circular directed the revenue to withdraw appeals before the Tribunal if the tax effect on disputed issues is less than or equal to Rs.50,00,000. The Tribunal emphasized the binding nature of the Circular on revenue authorities and allowed for a miscellaneous application for order recall if exceptions were proven. The revenue's appeal was dismissed accordingly, with the option to file a miscellaneous application if warranted. Case-Laws Income Tax Mon, 07 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304967