https://www.taxtmi.com/caselaws?id=307151 The Tribunal dismissed all appeals of the Revenue as not maintainable based on the CBDT Circular No. 21/2015. The Circular mandates that appeals should be filed based on the tax effect and not merely due to the amount exceeding specified limits. It applies retrospectively to pending appeals and future filings in High Courts and Tribunals, emphasizing the importance of considering merit over monetary considerations in filing appeals. The decision aligns with the Circular's objective of reducing litigation and ensuring appeals are filed judiciously. en-us Wed, 23 Dec 2015 00:00:00 +0530 Wed, 22 Mar 2023 20:20:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307151 The Tribunal dismissed all appeals of the Revenue as not maintainable based on the CBDT Circular No. 21/2015. The Circular mandates that appeals should be filed based on the tax effect and not merely due to the amount exceeding specified limits. It applies retrospectively to pending appeals and future filings in High Courts and Tribunals, emphasizing the importance of considering merit over monetary considerations in filing appeals. The decision aligns with the Circular's objective of reducing litigation and ensuring appeals are filed judiciously. Case-Laws Income Tax Wed, 23 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307151