https://www.taxtmi.com/caselaws?id=777242 Revenue's appeal was not entertained because the tax effect fell within the monetary threshold under the applicable low tax effect circular. The dispute concerned treatment of cash deposits as unexplained income and the consequent levy under section 115BBE, but the threshold issue was determinative. The position that section 115BBE applies only to transactions on or after 01.04.2017 was noted in reassessing the tax effect, and the appeal remained barred under CBDT Circular No. 09 of 2024. As a result, the assessee's relief remained undisturbed and no decision was rendered on the merits of the addition. en-us Mon, 04 Aug 2025 00:00:00 +0530 Wed, 27 Aug 2025 08:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777242 Revenue's appeal was not entertained because the tax effect fell within the monetary threshold under the applicable low tax effect circular. The dispute concerned treatment of cash deposits as unexplained income and the consequent levy under section 115BBE, but the threshold issue was determinative. The position that section 115BBE applies only to transactions on or after 01.04.2017 was noted in reassessing the tax effect, and the appeal remained barred under CBDT Circular No. 09 of 2024. As a result, the assessee's relief remained undisturbed and no decision was rendered on the merits of the addition. Case-Laws Income Tax Mon, 04 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777242