Facts of the Case
The present matter involves appeals filed by the Principal
Commissioner of Income Tax (Central)-3, New Delhi against Jakhotia Plastics
Pvt. Ltd. before the Delhi High Court under Income Tax Appeal Nos. 727/2017 and
728/2017.
During the course of proceedings, it was observed that the tax effect involved in the appeals was below the monetary threshold prescribed by the Central Board of Direct Taxes (CBDT).
Issues Involved
- Whether
the appeals filed by the Revenue are maintainable when the tax effect
is below the prescribed monetary limit under CBDT Circular No. 17 of
2019.
- Whether
such appeals should be pursued or treated as not pressed in view of
administrative circulars issued by CBDT.
Petitioner’s Arguments (Revenue)
The Revenue preferred the appeals challenging the order passed in favour of the assessee. However, in light of the CBDT Circular prescribing monetary limits, the Revenue did not press the appeals due to the low tax effect involved.
Respondent’s Arguments (Assessee)
The assessee supported the dismissal of the appeals on the ground that the tax effect falls below the threshold specified in CBDT Circular No. 17/2019, thereby making the appeals non-maintainable.
Court Order / Findings
The Delhi High Court held that:
- Since
the tax effect is below the stipulated monetary limit, the appeals
are to be treated as not pressed.
- The
Court disposed of the appeals in terms of CBDT Circular No. 17 of 2019
dated 8th August 2019.
Accordingly, both appeals were disposed of without adjudication on merits.
Important Clarification
- The
dismissal of the appeal is not on merits, but solely based on the low
tax effect threshold prescribed by CBDT.
- Such
dismissal does not create a binding precedent on substantive legal
issues involved in the case.
- The Revenue retains the right to pursue similar issues in cases where the tax effect exceeds the prescribed limit
Sections Involved
- Section
260A of the Income Tax Act, 1961 (Appeal to High Court)
- CBDT Circular No. 17/2019 dated 08.08.2019 (Monetary limits for filing appeals)
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2020:DHC:3904-DB/SMD07022020ITA7272017_160909.pdf
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