The Commissioner of Income-tax, International Taxation-3 v. Mufg Bank Ltd
[Citation -2019-LL-1216-31]

Citation 2019-LL-1216-31
Appellant Name The Commissioner of Income-tax, International Taxation-3
Respondent Name Mufg Bank Ltd.
Court HIGH COURT OF DELHI AT NEW DELHI
Relevant Act Income-tax
Date of Order 16/12/2019
Judgment View Judgment
Keyword Tags monetary limit • tax effect


IN HIGH COURT OF DELHI AT NEW DELHI ITA 981/2018 COMMISSIONER OF INCOME TAX-INTERNATIONAL TAXATION-3 Appellant Through: Mr. Raghvendra Singh, Sr. Standing counsel with Ms.Easha Kadian, Standing counsel. versus MUFG BANK LTD. Respondent Through: Mr. Sparsh Bhargava and Mr.Kamal Kumar Arya, Advs. CORAM: HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MR. JUSTICE SANJEEV NARULA ORDER % 16.12.2019 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.27,63,392/-, present appeal is disposed of as not pressed. VIPIN SANGHI, J SANJEEV NARULA, J DECEMBER 16, 2019 Pallavi Commissioner of Income-tax, International Taxation-3 v. Mufg Bank Ltd
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