Facts of the Case
- The
Revenue preferred appeals before the Delhi High Court against the
respective respondents.
- The
matters involved determination of substantial questions of law under the
Income Tax Act.
- During proceedings, counsel for the Revenue acknowledged that the tax effect in both appeals was below ₹50 lakhs.
Issues Involved
- Whether
the High Court should adjudicate substantial questions of law when the tax
effect is below the monetary limit prescribed by CBDT Circular No. 3/2018.
- Whether such appeals are maintainable in light of the binding CBDT circular.
Petitioner’s Arguments (Revenue)
- The
Revenue submitted that the tax effect in the present appeals was below
₹50,00,000.
- In
view of CBDT Circular No. 3/2018 dated 11.07.2018, the appeals were not
required to be pursued.
- It was requested that the matters be disposed of without answering the substantial questions of law.
Respondent’s Arguments
- The
order does not specifically record detailed arguments from the
respondents.
- The matter was disposed primarily based on the submission of the Revenue regarding low tax effect.
Court’s Findings / Order
- The
Court recorded the statement made by the Revenue regarding the low tax
effect.
- It
held that in view of CBDT Circular No. 3/2018, the appeals need not be
examined on merits.
- Accordingly, the appeals were disposed of without answering the substantial questions of law, leaving them open for consideration in appropriate cases.
Important Clarification by the Court
- The
Court expressly clarified that:
- The
substantial questions of law are left open.
- The
dismissal is not on merits, but purely on account of low tax
effect.
- This ensures that the same legal issues can be raised in future cases where the tax effect exceeds the prescribed threshold.
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2018:DHC:8310-DB/SKN31072018ITA3282018_150823.pdf
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