https://www.taxtmi.com/caselaws?id=794930 Revised CBDT monetary-limit circulars apply to pending departmental income-tax appeals, so an appeal with tax effect below the revised threshold cannot continue. Exceptions introduced through later CBDT circulars operate prospectively and cannot validate or sustain an appeal filed before the exception took effect. Consequently, where the revised threshold renders the tax effect insufficient and no contemporaneously applicable exception exists, the departmental appeal cannot be pursued. Whether the matter factually falls within the later exception remains open, as do the revenue's substantive questions of law for an appropriate proceeding. en-us Wed, 08 Jul 2026 00:00:00 +0530 Tue, 14 Jul 2026 08:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794930 Revised CBDT monetary-limit circulars apply to pending departmental income-tax appeals, so an appeal with tax effect below the revised threshold cannot continue. Exceptions introduced through later CBDT circulars operate prospectively and cannot validate or sustain an appeal filed before the exception took effect. Consequently, where the revised threshold renders the tax effect insufficient and no contemporaneously applicable exception exists, the departmental appeal cannot be pursued. Whether the matter factually falls within the later exception remains open, as do the revenue's substantive questions of law for an appropriate proceeding. Case-Laws Income Tax Wed, 08 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794930