https://www.taxtmi.com/caselaws?id=310605 A CBDT circular enhancing the monetary limit for departmental appeals before the ITAT was treated as applicable to pending appeals as well as appeals to be filed later. Where the tax effect fell below the revised threshold, the Revenue was required to withdraw or not press the appeal, subject to liberty to seek recall if the case fell within an exception or if the tax effect had been incorrectly computed. On that basis, the Revenue appeal was dismissed as withdrawn, and the connected cross-objection became infructuous. en-us Mon, 04 Nov 2019 00:00:00 +0530 Thu, 02 Nov 2023 19:16:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310605 A CBDT circular enhancing the monetary limit for departmental appeals before the ITAT was treated as applicable to pending appeals as well as appeals to be filed later. Where the tax effect fell below the revised threshold, the Revenue was required to withdraw or not press the appeal, subject to liberty to seek recall if the case fell within an exception or if the tax effect had been incorrectly computed. On that basis, the Revenue appeal was dismissed as withdrawn, and the connected cross-objection became infructuous. Case-Laws Income Tax Mon, 04 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310605