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TMI Blog2019 (5) TMI 1676X X X X Extracts X X X X X X X X Extracts X X X X ..... :- Although the tax effect was less, however, the matter under dispute was covered by exception provided in para 10(e) of the said circular read with clarification issued by CBDT on 20/08/2018. Case was reopened pursuant to receipt of information from Sales Tax Department Maharashtra that the assessee made alleged bogus purchases from certain entities and therefore, such cases fall within the exce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l, 1. By way of this application, the revenue seeks recall of the order of the Tribunal ITA No. 3941/Mum/2017 dated 03/08/2018 with respect to captioned assessee passed in bunch of appeals. By way of common order, the Tribunal had dismissed the revenue's appeal since the quantum of tax effect of all the appeals was below threshold limit of ₹ 20 Lacs as prescribed by CBDT circular No. 03/201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... perusal, we find force in the argument of Ld. DR since the scope of exception as given in circular No. 03/2018 dated 11/07/2018 has been widened vide clarification F. No 279/Misc. 142/2007-ITJ (Pt) dated 20/08/2018 amending para 10 of the said circular. The same reads as under: - Subject: Amendment to para 10 of the Circular No. 3 of 2018 dated 11.07.2018-reg: Madam/Sir, Kindly refer to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is no tax effect: (a) Where the Constitutional validity of the provisions of an Act or Rule is under challenge, or (b) Where Board's order, Notification, Instruction or Circular has been held to be illegal or ultra vires, or (c) Where Revenue Audit objection in the case has been accepted by the Department, or (d) Where addition relates to undisclosed foreign income / undisclosed foreign ..... X X X X Extracts X X X X X X X X Extracts X X X X
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