Facts of the
Case
The Revenue (Principal Commissioner of Income
Tax-18) filed multiple appeals before the Delhi High Court against the
respondent (Maharani of India) for Assessment Years 2003–2004 to 2007–2008.
During the hearing, counsel for the Revenue submitted that the tax effect involved in these appeals was below ₹50 lakhs, which falls below the monetary threshold prescribed by CBDT Circular No. 3/2018.
Issues
Involved
- Whether the High Court should adjudicate appeals where the tax
effect is below the prescribed monetary limit.
- Whether substantial questions of law need to be answered in such low tax effect cases.
Petitioner’s
(Revenue’s) Arguments
- The Revenue acknowledged that the tax effect in the appeals was below
₹50 lakhs.
- In light of CBDT Circular No. 3/2018, it was submitted that the appeals need not be pursued and substantial questions of law may remain unanswered.
Respondent’s
Arguments
- The respondent supported disposal of the appeals in accordance with
the CBDT circular.
- No independent arguments were necessary as the matter was covered by the monetary limit policy.
Court’s Findings
/ Order
- The Delhi High Court recorded the statement made by the Revenue.
- The Court held that:
- Since the tax effect is below ₹50 lakhs, the appeals do not
require adjudication.
- The substantial question of law is left open.
- Accordingly, all appeals were disposed of without answering the questions of law.
Important
Clarification by the Court
- The dismissal of appeals is not on merits.
- The legal issues involved remain open for adjudication in appropriate cases where the tax effect exceeds the prescribed limi
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2018:DHC:8305-DB/SKN27082018ITA8732017_144818.pdf
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