TMI Blog2019 (3) TMI 1055X X X X Extracts X X X X X X X X Extracts X X X X ..... ssee. We have here a situation where the Revenue's advocate seeks to disown the Circular and seeks to brush it aside in this case. If such a tend is allowed, in future every matter filed by the Revenue will chart the same course. In every case, the Revenue proposes certain questions and terms them as substantial questions of law. The Revenue's Circular covers this matter - The appeal is dismiss ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h says that in the event, the monetary limit or the tax effect is below ₹ 50,00,000/-, then, the Revenue will not press any appeal in the High Court. 3. On the other hand, learned advocate for the Revenue Ms. Cardozo would submit that irrespective of this Circular, there is no mandate to withdraw the appeal for it indeed raises substantial question of law. She is, therefore, instructed by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e larger public interest, then, we should not make any exception. 6. As a result of the above discussion, we are of the opinion that the Revenue's Circular covers this matter. The appeal is dismissed on account of the same. However, the question proposed by the Revenue is kept open for being raised in a appropriate case. We clarify that we have disposed of this appeal only because of low ..... X X X X Extracts X X X X X X X X Extracts X X X X
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