Facts of the Case
The Revenue filed multiple appeals (ITA Nos. 985/2018,
988/2018, 989/2018, 990/2018, 991/2018, and 992/2018) against the respondent
assessee, Surya Buildwell Pvt. Ltd., arising out of a consolidated order.
During the proceedings, applications for condonation of
delay in filing and refiling the appeals were moved. The assessee did not
object to such condonation, and accordingly, the delay was condoned by the
Court.
Subsequently, it was brought to the notice of the Court that
the tax effect in each of the appeals was below ₹50,00,000, which falls
below the monetary threshold prescribed under CBDT Circular No. 3/2018.
Issues Involved
- Whether
the Revenue’s appeals are maintainable when the tax effect is below the
prescribed monetary limit under CBDT Circular No. 3/2018.
- Whether
the Court should adjudicate the substantive questions of law despite the
low tax effect.
Petitioner’s (Revenue) Arguments
- The
Revenue submitted that the appeals arise from a consolidated order.
- However,
it was fairly conceded that the tax effect in each individual appeal is
below ₹50 lakh, and therefore, in light of CBDT Circular No. 3/2018,
the appeals may be disposed of without adjudication of the issues raised.
Respondent’s (Assessee) Arguments
- The
assessee did not raise any objection to the condonation of delay in filing
and refiling of appeals.
- Implicitly,
the assessee supported disposal of appeals in accordance with the CBDT
Circular considering the low tax effect.
Court’s Findings / Order
- The
Court took note of the statement made by the Revenue regarding the low tax
effect.
- Relying
on CBDT Circular No. 3/2018, the Court held that the appeals do not
warrant adjudication on merits.
- Accordingly,
all appeals were disposed of without examining the questions of law
raised.
Important Clarification by the Court
- The
Court expressly clarified that:
- The
questions/issues of law are left open.
- The
dismissal is solely on account of low tax effect and not on
merits.
Sections Involved
- Income
Tax Act, 1961 (Appeals Provisions)
- CBDT Circular No. 3/2018 dated 11.07.2018 (Monetary Limits for Filing Appeals)
Link to download the order -
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