Facts of the Case
The present matter consists of multiple appeals filed by the
Revenue (PR. Commissioner of Income Tax (Central)-2) before the Delhi High
Court against M/s Ravnet Solutions Pvt. Ltd. The appeals pertained to income
tax disputes arising from earlier proceedings.
During the hearing, it was acknowledged that the tax effect involved in the appeals was below the prescribed monetary threshold limit of ₹1,00,00,000 as specified under CBDT Circular No. 17/2019.
Issues Involved
- Whether
the appeals filed by the Revenue are maintainable when the tax effect is
below ₹1 crore as per CBDT Circular No. 17/2019.
- Whether such appeals should be dismissed on the ground of low tax effect.
Petitioner’s (Revenue’s) Arguments
- The
Revenue preferred the appeals challenging the orders passed in favour of
the assessee.
- However, no specific arguments are recorded in the order due to the preliminary issue regarding maintainability based on monetary limits.
Respondent’s Arguments
- The
respondent (assessee) did not appear during the proceedings.
- The matter was considered based on available records and applicable circulars.
Court’s Findings / Order
- The
Court noted that the tax effect in all the appeals was below
₹1,00,00,000, which is the threshold prescribed under CBDT Circular
No. 17/2019.
- In
light of the binding circular, the Court held that the appeals were not
maintainable.
- Accordingly, all appeals were dismissed on account of low tax effect
Important Clarification
- The
dismissal of appeals is solely on the ground of low tax effect and
not on merits of the case.
- Such
dismissal does not preclude the Revenue from pursuing similar issues in
cases where the tax effect exceeds the prescribed limit.
- CBDT
circulars regarding monetary limits are binding on the Revenue authorities
and aim to reduce unnecessary litigation.
Sections Involved
- CBDT
Circular No. 17/2019 dated 08 August 2019
- Monetary limits for filing appeals by the Income Tax Department
Link to download the order -
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