Held by the High Court that in view of the fact that the tax effect in all the instant appeals taken together is much less than Rs. 20,00,000 and there is no material on record to show that these appeals filed by the Revenue have any cascading effect, the appeals are dismissed as withdrawn in accordance with the CBDT Circular No. 21 of 2015, dt. December 10, 2015. (AY. 1997-1998 to 2002-2003)
CIT v. CIT, Belgaum Urban Development Authority (2018) 304 CTR 994 / 170 DTR 279 (Karn.)(HC)
S. 260A : Appeal-High Court-Maintainability-Small tax effect—the “tax effect” is much less than Rs. 20,00,000 for all the assessment years taken together and no material on record to show that the present appeals filed by the Revenue have any cascading effect—Therefore, the appeals are dismissed as withdrawn.