"Special Leave Petition Dismissed: Tax Effect Less Than One Crore, Covered by CBDT Circular. Question of Law Left Open".

In this particular Special Leave Petition, the tax effect involved is below one crore rupees, which falls within the purview of the Circular issued by the Central Board of Direct Taxes (CBDT). As a result, the court has decided to dismiss the Special Leave Petition. However, notably, the court has chosen to keep the question of law raised in the petition unresolved. This indicates that the specific legal issue remains open for future consideration or further examination. The names mentioned, R. Natarajan and Tapan Kumar Chakraborty, are likely the counsel representing the respective parties in this case. The court's decision to dismiss the petition while leaving the question of law open reflects its adherence to relevant guidelines while providing scope for future legal interpretation or analysis of the matter.

In this Special Leave Petition, the tax effect is less than rupees one Crore and is covered by the Circular of CBDT.

Accordingly, the Special Leave Petition is dismissed.

However, the question of law is left open.

(R. NATARAJAN) (TAPAN KUMAR CHAKRABORTY)

COURT MASTER (SH) BRANCH OFFICER