https://www.taxtmi.com/caselaws?id=456125 The Tribunal dismissed the Revenue's appeal regarding the disallowance of maintenance charges, as the tax effect was below the Rs. 20 lakh threshold set by Circular No. 3 of 2018 issued by CBDT under section 268A of the I.T. Act. Consequently, the appeal was deemed not maintainable and withdrawn, with an option for restoration if not covered by the circular. This decision underscores the importance of adhering to monetary limits for appeals, as stipulated by CBDT, ensuring compliance and efficient dispute resolution. en-us Mon, 29 Jul 2019 00:00:00 +0530 Mon, 01 Jul 2024 20:03:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456125 The Tribunal dismissed the Revenue's appeal regarding the disallowance of maintenance charges, as the tax effect was below the Rs. 20 lakh threshold set by Circular No. 3 of 2018 issued by CBDT under section 268A of the I.T. Act. Consequently, the appeal was deemed not maintainable and withdrawn, with an option for restoration if not covered by the circular. This decision underscores the importance of adhering to monetary limits for appeals, as stipulated by CBDT, ensuring compliance and efficient dispute resolution. Case-Laws Income Tax Mon, 29 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456125