https://www.taxtmi.com/caselaws?id=310863 The ITAT dismissed the revenue's appeal as it fell below the prescribed monetary threshold of Rs. 50 lakh under Section 268A of the Income Tax Act, 1961. Following Circular No. 17/2019 dated 8th August, 2019, and the precedent in Dinesh Mudhavlal Patel case, the tribunal held that relaxation in monetary limits for departmental appeals applies to both pending and future appeals. The revenue should have either not filed or withdrawn the appeal due to insufficient tax effect, making it non-maintainable without examining the merits. en-us Thu, 26 Sep 2019 00:00:00 +0530 Wed, 22 Nov 2023 21:26:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310863 The ITAT dismissed the revenue's appeal as it fell below the prescribed monetary threshold of Rs. 50 lakh under Section 268A of the Income Tax Act, 1961. Following Circular No. 17/2019 dated 8th August, 2019, and the precedent in Dinesh Mudhavlal Patel case, the tribunal held that relaxation in monetary limits for departmental appeals applies to both pending and future appeals. The revenue should have either not filed or withdrawn the appeal due to insufficient tax effect, making it non-maintainable without examining the merits. Case-Laws Income Tax Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310863