Director of Income-tax-I v. Geopetrol International Inc
[Citation -2019-LL-1216-48]

Citation 2019-LL-1216-48
Appellant Name Director of Income-tax-I
Respondent Name Geopetrol International Inc
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 172/2013 DIRECTOR OF INCOME TAX I ..... Appellant Through: Mr. Sunil Agarwal, Sr. Standing counsel with Mr. Tushar Gupta and Mr.Priya Sarkar, Advs. versus GEOPETROL INTERNATIONAL INC Respondent Through: Ms. Kavita Jha and Mr. Udit Naresh, 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.63,33,588/-, present appeal is disposed of as not pressed. VIPIN SANGHI, J SANJEEV NARULA, J DECEMBER 16, 2019 Pallavi Director of Income-tax-I v. Geopetrol International Inc
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