Principal Commissioner of Income-tax-18 v. Nayana Gupta
[Citation -2019-LL-0829-16]

Citation 2019-LL-0829-16
Appellant Name Principal Commissioner of Income-tax-18
Respondent Name Nayana Gupta
Relevant Act Income-tax
Date of Order 29/08/2019
Judgment View Judgment
Keyword Tags monetary limit • tax effect

$ 22 * IN HIGH COURT OF DELHI AT NEW DELHI + ITA 1097/2018 PRINCIPAL COMMISSIONER OFINCOME-18 ..... Appellant Through: Ms. Lakshmi Gurung, Sr. Standing Counsel with Mr. Sagar Suri, Jr. Standing Counsel and Mr. Siddharth Gupta, Advs. versus SMT NAYANA GUPTA ..... Respondent Through: Mr. Madhur Aggarwal, Adv. CORAM: HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MR. JUSTICE SANJEEV NARULA ORDER % 29.08.2019 1. Learned standing counsel for Appellant states that tax effect is Rs.97,38,432/- and not Rs.1,21,02,930/- as stated in appeal. 2. 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.97,38,432/- present appeal is disposed of as not pressed. VIPIN SANGHI, J SANJEEV NARULA, J AUGUST 29, 2019/ga Principal Commissioner of Income-tax-18 v. Nayana Gupta
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