https://www.taxtmi.com/caselaws?id=789043 The Revenue appeal was held not maintainable because the disputed tax effect, computed at the normal tax rate, fell below the CBDT monetary limit for departmental appeals after the enhanced rate under section 115BBE of the Income-tax Act, 1961 was treated as inapplicable to transactions before 1.4.2017. The Tribunal dismissed the appeal on low tax effect grounds, while recording liberty for the Revenue to seek recall if the matter later fell within any exception to the circular. en-us Fri, 27 Mar 2026 00:00:00 +0530 Thu, 02 Apr 2026 08:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789043 The Revenue appeal was held not maintainable because the disputed tax effect, computed at the normal tax rate, fell below the CBDT monetary limit for departmental appeals after the enhanced rate under section 115BBE of the Income-tax Act, 1961 was treated as inapplicable to transactions before 1.4.2017. The Tribunal dismissed the appeal on low tax effect grounds, while recording liberty for the Revenue to seek recall if the matter later fell within any exception to the circular. Case-Laws Income Tax Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789043