https://www.taxtmi.com/caselaws?id=35490 HC held the CBDT Circular dated May 15, 2008 applies to pending appeals and binds the Revenue to withdraw cases where cumulative tax effect is below prescribed monetary limits. The court found that, with retrospective insertion of section 268A (effective April 1, 1999), withdrawal of matters involving recurring legal issues does not prejudice the Revenue. Applying the Circular, appeals pending before the HC with tax effect less than Rs.4 lakhs are dismissed. en-us Thu, 02 Jul 2009 00:00:00 +0530 Wed, 03 Sep 2025 17:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35490 HC held the CBDT Circular dated May 15, 2008 applies to pending appeals and binds the Revenue to withdraw cases where cumulative tax effect is below prescribed monetary limits. The court found that, with retrospective insertion of section 268A (effective April 1, 1999), withdrawal of matters involving recurring legal issues does not prejudice the Revenue. Applying the Circular, appeals pending before the HC with tax effect less than Rs.4 lakhs are dismissed. Case-Laws Income Tax Thu, 02 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35490