Facts of the Case
The Revenue (Commissioner of Income Tax – LTU) filed appeals
before the Delhi High Court against the respondent, SRF Limited. The matter
pertained to tax disputes under the Income Tax Act.
At the outset, applications for condonation of delay in
re-filing the appeals were filed and allowed by the Court.
During the hearing, counsel for the assessee submitted that
the tax effect involved in both appeals was below the monetary threshold
prescribed by CBDT Circular No. 3/2018 dated 11 July 2018.
Issues Involved
- Whether
the appeals filed by the Revenue are maintainable when the tax effect is
below the monetary limit prescribed by CBDT.
- Whether
such appeals should be entertained or dismissed in light of binding CBDT
instructions.
Petitioner’s (Revenue) Arguments
- The
Revenue pursued the appeals challenging the orders passed in favour of the
assessee.
- Applications
for condonation of delay were filed, indicating intent to prosecute the
matter on merits.
Respondent’s (Assessee) Arguments
- The
respondent contended that the tax effect in both appeals falls below
the monetary limit specified by CBDT Circular No. 3/2018.
- Therefore,
the appeals are not maintainable and should not be pressed further.
Court’s Findings / Order
- The
Court accepted the submission of the assessee regarding the low tax
effect.
- It
held that in view of the CBDT Circular, the appeals are not
maintainable.
- Accordingly,
the appeals were treated as not pressed and disposed of.
- The
Court further clarified that:
If the Revenue later finds that the tax effect exceeds the
prescribed limit, it is at liberty to file an appropriate application.
Important Clarification
- Dismissal
is not on merits, but solely due to low tax effect.
- The
Revenue retains the right to revive the matter if the factual position
regarding tax effect changes.
- CBDT
Circulars are binding on the Revenue authorities and directly impact
maintainability of appeals.
Sections Involved
- Income
Tax Act, 1961 (General appellate provisions)
- CBDT
Circular / Notification No. 3/2018 dated 11 July 2018 (Monetary Limits for
Filing Appeals)
Link to download the order -
https://delhihighcourt.nic.in/app/case_number_pdf/2019:DHC:7401-DB/SMD05082019ITA12362018_160027.pdf
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