Facts of the Case
The present matter pertains to appeals filed by the Revenue
before the Delhi High Court against the respondent assessee, M/s Iservices
India. During the hearing, the Senior Standing Counsel appearing for the
Revenue submitted that the tax effect involved in the appeals was less than
₹50,00,000, which falls below the monetary threshold prescribed under CBDT
Circular No. 3/2018.
As a result, the Revenue expressed that the substantial questions of law raised in the appeals may not be pressed for adjudication.
Issues Involved
- Whether
the appeals filed by the Revenue are maintainable when the tax effect is
below the monetary limit prescribed by CBDT Circular No. 3/2018.
- Whether the High Court should adjudicate substantial questions of law despite low tax effect.
Petitioner’s Arguments (Revenue)
- The
Revenue, through its Senior Standing Counsel, acknowledged that the tax
effect involved in the present appeals is below ₹50 lakhs.
- It
was submitted that in light of CBDT Circular No. 3/2018, the
appeals may not be pressed.
- Accordingly, it was implied that the questions of law need not be decided due to the low tax effect threshold.
Respondent’s Arguments (Assessee)
- No specific arguments of the respondent are recorded in the order, as the matter was disposed of based on the Revenue’s statement regarding low tax effect
Court’s Findings / Order
- The
Court recorded the submission made by the Revenue regarding the
applicability of CBDT Circular No. 3/2018.
- It
held that since the tax effect is below ₹50,00,000, the appeals are
not required to be pursued.
- Accordingly,
the Court disposed of the appeals as “not pressed”.
- The
Court further clarified that:
- The
substantial questions of law were not adjudicated.
- The
questions of law are left open for consideration in appropriate
cases.
- All pending applications were also disposed of.
Important Clarification
- Dismissal
of appeal due to low tax effect does not amount to affirmation of the
lower authority’s decision on merits.
- The
questions of law remain open and can be raised in future cases
where the tax effect exceeds the prescribed limit.
- CBDT Circulars are binding on the Revenue authorities and aim to reduce litigation burden
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2018:DHC:8320-DB/SKN02082018ITA7152018_154229.pdf
Disclaimer
This content is shared strictly for general information and knowledge purposes only. Readers should independently verify the information from reliable sources. It is not intended to provide legal, professional, or advisory guidance. The author and the organisation disclaim all liability arising from the use of this content. The material has been prepared with the assistance of AI tools.
0 Comments
Leave a Comment