https://www.taxtmi.com/caselaws?id=313370 CBDT's revised litigation policy increased the monetary limit for departmental appeals before the Tribunal to Rs. 50 lakhs and stated that the amended threshold applies to pending appeals as well. The earlier circular continues only to the extent it is not inconsistent with the revision, and the 20.08.2019 clarification reaffirmed application to pending matters. Where the tax effect is below the prescribed limit, the appeal falls within the category barred by the departmental appeal instructions and is not maintainable; the Revenue's appeal was dismissed on that basis. en-us Wed, 10 Feb 2021 00:00:00 +0530 Tue, 09 Apr 2024 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313370 CBDT's revised litigation policy increased the monetary limit for departmental appeals before the Tribunal to Rs. 50 lakhs and stated that the amended threshold applies to pending appeals as well. The earlier circular continues only to the extent it is not inconsistent with the revision, and the 20.08.2019 clarification reaffirmed application to pending matters. Where the tax effect is below the prescribed limit, the appeal falls within the category barred by the departmental appeal instructions and is not maintainable; the Revenue's appeal was dismissed on that basis. Case-Laws Income Tax Wed, 10 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313370