https://www.taxtmi.com/caselaws?id=459746 CBDT's revised monetary limit for departmental appeals was treated as applicable to pending as well as future matters, so a Revenue appeal with tax effect below the prescribed threshold was not entertained on merits. The cross objection, being only supportive of the impugned order and not independently sustainable, ceased to survive once the Revenue appeal was held non-maintainable. The appeal was therefore dismissed in limine for low tax effect, and the cross objection was dismissed as infructuous. en-us Mon, 31 Jan 2022 00:00:00 +0530 Thu, 26 Dec 2024 14:05:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459746 CBDT's revised monetary limit for departmental appeals was treated as applicable to pending as well as future matters, so a Revenue appeal with tax effect below the prescribed threshold was not entertained on merits. The cross objection, being only supportive of the impugned order and not independently sustainable, ceased to survive once the Revenue appeal was held non-maintainable. The appeal was therefore dismissed in limine for low tax effect, and the cross objection was dismissed as infructuous. Case-Laws Income Tax Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459746