https://www.taxtmi.com/caselaws?id=55464 A CBDT monetary-limit instruction was held binding on the Revenue, and departmental proceedings could not be pursued where the tax effect in each matter was below the prescribed threshold. The Tribunal applied the circular governing low-tax-effect cases and held that the Revenue could not maintain proceedings contrary to that instruction. As the appeals were filed in breach of the monetary-limit regime, they were treated as not maintainable and rejected at the threshold. en-us Fri, 17 Dec 2004 00:00:00 +0530 Sat, 27 Nov 2010 11:56:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55464 A CBDT monetary-limit instruction was held binding on the Revenue, and departmental proceedings could not be pursued where the tax effect in each matter was below the prescribed threshold. The Tribunal applied the circular governing low-tax-effect cases and held that the Revenue could not maintain proceedings contrary to that instruction. As the appeals were filed in breach of the monetary-limit regime, they were treated as not maintainable and rejected at the threshold. Case-Laws Wealth-tax Fri, 17 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55464