Facts of the Case
The present matter relates to an appeal filed by
the Income-tax Department before the Income Tax Appellate Tribunal (ITAT),
Allahabad Bench, against the order of the Commissioner of Income Tax (Appeals)
in the case of the assessee, Shiv Narayan, for the relevant assessment year
under the Income-tax Act, 1961.
At the time of hearing, it was noted that the tax
effect involved in the Department’s appeal was below the monetary limit
prescribed by the Central Board of Direct Taxes (CBDT) for filing appeals
before the Tribunal.
Issues Involved
Whether the Departmental appeal is maintainable
before the Tribunal when the tax effect involved is lower than the threshold
prescribed under CBDT’s monetary-limit circular issued under Section 268A of
the Income-tax Act, 1961.
Petitioner’s (Revenue’s) Arguments
The Department relied upon the grounds mentioned in
the memorandum of appeal and sought adjudication of the issues raised against
the order of the Commissioner (Appeals).
Respondent’s (Assessee’s) Arguments
- The tax effect in the Department’s appeal was below the monetary
threshold prescribed by CBDT.
- In view of binding circulars issued under Section 268A, such
appeals are not maintainable.
- Therefore, the appeal deserved to be dismissed in limine.
Court Order / Findings
- The tax effect involved in the Department’s appeal was below the
monetary limit prescribed by CBDT for filing appeals before the ITAT.
- CBDT circulars issued under Section 268A are binding on the tax
authorities.
- No material was placed on record to demonstrate that the case fell
within any of the recognized exceptions permitting filing of appeal
despite low tax effect.
Important Clarification
The dismissal of the appeal on account of low tax
effect does not amount to affirmation of the merits of the Commissioner
(Appeals)’ order. The Department may still pursue the matter in appropriate
cases where the issue falls within exceptions specified in the CBDT circular or
involves recurring legal questions.
Link to download the order –https://itat.gov.in/public/files/upload/1614083536-107%20Shiv%20Narayan%20Tax%20effect.pdf
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