Tax effect below Rs. 1 crore, Appeal dismissed, question of law left open.
Tax effect below Rs. 1 crore, Appeal dismissed, question of law left open.
The appeal in question is dismissed as the tax effect involved in the case is below Rs. 1 crore and in accordance with the notification issued by the Union of India in the Ministry of Finance on 11 July 2018. While the appeal is dismissed, the question of law is left open for further consideration.
In the given case, the tax effect involved is below Rs. 1 crore and based on the notification issued by the Union of India in the Ministry of Finance on 11 July 2018, it is determined that there is no need to proceed with the present appeal. Therefore, the civil appeal is dismissed. However, it is noted that the question of law raised in the appeal is not conclusively decided and is left open for future consideration. The decision is made by Dr. Dhananjaya Y. Chandrachud.
Since the tax effect is less than Rs. 1 crore and having
regard to the notification dated 11 July 2018 of the Union of
India in the Ministry of Finance, it is not necessary to
entertain the present appeal.
The civil appeal is, accordingly, dismissed.
However, the question of law is kept open.
(DR. DHANANJAYA Y. CHANDRACHUD)
(HEMANT GUPTA)
NEW DELHI
January 24, 2019
The civil appeal is dismissed in terms of the signed order.
Pending application(s), if any, shall stand disposed of.
(MANISH SETHI) (SAROJ KUMARI GAUR)
COURT MASTER (SH) BRANCH OFFICER
(Signed order is placed on the file)
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Tax effect below Rs. 1 crore, Appeal dismissed, question of law left open.
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