https://www.taxtmi.com/caselaws?id=788729 Revenue appeals are not maintainable where the tax effect, computed on the basis of additions under the normal provisions, falls below the CBDT-prescribed monetary limit and the assessee's computation is not disputed. The higher rate under section 115BBE of the Income-tax Act cannot be used to enhance tax effect for transactions occurring before 01.04.2017. On that basis, the appeal was dismissed for low tax effect, while the applicability of section 115BBE was treated as inapplicable to the relevant transactions and the substantive issues were left open. en-us Wed, 25 Mar 2026 00:00:00 +0530 Fri, 27 Mar 2026 08:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788729 Revenue appeals are not maintainable where the tax effect, computed on the basis of additions under the normal provisions, falls below the CBDT-prescribed monetary limit and the assessee's computation is not disputed. The higher rate under section 115BBE of the Income-tax Act cannot be used to enhance tax effect for transactions occurring before 01.04.2017. On that basis, the appeal was dismissed for low tax effect, while the applicability of section 115BBE was treated as inapplicable to the relevant transactions and the substantive issues were left open. Case-Laws Income Tax Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788729