Principal Commissioner of Income-tax–7 v. Religare Macquarie Wealth Management Ltd
[Citation -2019-LL-0823-88]

Citation 2019-LL-0823-88
Appellant Name Principal Commissioner of Income-tax–7
Respondent Name Religare Macquarie Wealth Management Ltd.
Relevant Act Income-tax
Date of Order 23/08/2019
Judgment View Judgment
Keyword Tags monetary limit • tax effect

IN HIGH COURT OF DELHI AT NEW DELHI ITA 438/2018 PRINCIPAL COMMISSIONER OF INCOME TAX 7 Appellant Through: Mr. Zoheb Hossain, Senior Standing Counsel. versus M/S RELIGARE MACQUARIE WEALTH MANAGEMENT LTD. Respondent Through: Ms. Kavita Jha, Advocate with Mr. Vaibhav Kulkarni and Mr. Udit Naresh, Advocate. CORAM: HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MR. JUSTICE SANJEEV NARULA ORDER 23.08.2019 In light of circular dated 08.08.2019 issued by Ministry of Finance, Department of Revenue, Central Board of Direct Taxes (Judicial Section), Government of India, which fixes monetary limit in respect of tax effect, inter alia, before High Court in which Department could pursue matter as Rs. 1,00,00,000/- and in view of fact that tax effect in present case is Rs. 51,96,733/-, present appeal is disposed of as not pressed. VIPIN SANGHI, J SANJEEV NARULA, J AUGUST 23, 2019 Principal Commissioner of Income-tax7 v. Religare Macquarie Wealth Management Ltd
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