CBDT's instruction on maintainability of appeal has retro-effect by virtue of sec. 268A, rules HC
IT : In terms of Instruction 2 dated 24-10-2005 and by virtue of retrospective operation of provisions of section 268A, revenue could not file appeal against Tribunal's order deleting penalty imposed under section 158BFA as monetary effect was less than Rs. 4 lakh
Regards
Prarthana Jalan
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