Case Law Analysis
|Income Tax Appellate Tribunal
CBDT Circular No. 09/24 | Revenue Appeal Dismissed for Tax Effect Below ₹60 Lakh Threshold: ITAT Jodhpur
The ITAT Jodhpur has dismissed a revenue appeal under Assessment Year 2018-19 because the tax effect of ₹12.90 lakh fell below the ₹60 lakh minimum mandated by CBDT Circular No. 09/24, reinforcing that procedural thresholds override substantive disputes. This sets a clear precedent for departments to prioritize appeals only where financial stakes meet the prescribed limit, curbing frivolous litigation across income tax adjudication.