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2010 (2) TMI 775 - MADRAS HIGH COURTWhether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was right in dismissing the appeal of the Revenue merely on the ground that the tax effect was less than the minimum specified in the Board's instruction without going into the merits of the case - held that:- the Commissioner of Income-tax (Appeals) have been disposed of concerning the assessment years 1995-96, 1996-97, 1997-98 and 1998-99. If the tax effect in all the four appeals is taken together, the monetary value crosses the tax effect of more than rupees one lakh, in which event the appeals are maintainable. As the Tribunal has rejected all the appeals only on the said ground, we set aside the order impugned and remit all the appeals to the Tribunal for fresh consideration on the merits without reference to the tax effect, i.e., monetary value.
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