Learned counsel for both parties bring attention to monetary limit in circular, appeals dismissed in accordance with the circular.

During the proceedings, the counsel for both parties informed the court about a circular issued by the Department of Revenue, Central Board of Direct Taxes, Ministry of Finance, Government of India. The circular, numbered 3/2018 and dated 11th July 2018, states that cases with a tax effect below Rs. 1 crore should not be entertained by the Supreme Court. It was acknowledged that the tax effect in the present case is significantly lower than the prescribed limit. Consequently, the appeals are dismissed in accordance with the aforementioned circular. However, the court clarified that the question of law remains open for future consideration.

Learned counsel for both the parties have brought to

our notice the circular of the Department of Revenue,

Central Board Direct Taxes, Ministry of Finance, Government

of India, bearing No. 3/2018 dated 11.07.2018, where the

monetary limit of cases in respect of Supreme Court is Rs. 1

crore. It is admitted that the tax effect in the present

case is way below that.

In view of the aforesaid, these appeals are dismissed

in terms of the aforesaid circular, leaving the question of

law open.

[ SANJAY KISHAN KAUL ]

[ AJAY RASTOGI ]

New Delhi;

February 06, 2019.

The appeals are dismissed in terms of the signed

order.

(NIDHI AHUJA) (TAPAN KUMAR CHAKRABORTY)

COURT MASTER (SH) ASSISTANT REGISTRAR

(Signed order is placed on the file.]