Facts of the Case
The Revenue filed multiple appeals (ITA Nos. 985, 988, 989,
990, 991, 992 of 2018) against Surya Buildwell Pvt. Ltd. arising from a common
consolidated order.
At the outset, delay in filing and re-filing the appeals was
condoned upon consent of the assessee.
Subsequently, during the hearing, the Revenue itself submitted that the tax effect in each appeal was below ₹50,00,000, which falls below the threshold prescribed under CBDT Circular No. 3/2018.
Issues Involved
- Whether
appeals filed by the Revenue are maintainable when the tax effect is
below the prescribed monetary limit under CBDT Circular No. 3/2018.
- Whether the Court should adjudicate on the substantive legal issue despite low tax effect.
Petitioner’s (Revenue) Arguments
- The
appeals arose from a common consolidated order, implying importance
of the legal issue.
- However,
the Revenue fairly submitted that tax effect in each case was below ₹50
lakhs, attracting the CBDT Circular limiting appeals.
- Requested disposal of appeals in terms of the circular without adjudication of the legal issue.
Respondent’s (Assessee) Arguments
- The
assessee did not object to the condonation of delay.
- Implicitly supported disposal in light of the CBDT circular, as the monetary threshold was not met.
Court’s Findings / Order
- The
Court accepted the submission of the Revenue regarding low tax effect.
- Held
that in view of CBDT Circular No. 3/2018, the appeals are liable to
be disposed of without examining the merits.
- Accordingly, all appeals were disposed of without adjudicating the questions of law.
Important Clarification by the Court
- The
Court expressly clarified that:
- The
legal issue/question is left open.
- The
dismissal is not on merits, but solely due to low tax effect.
Sections
Involved
- Income
Tax Act, 1961
- CBDT Circular No. 3/2018 dated 11.07.2018 (Monetary Limits for Filing Appeals)
Link to download the order -
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