Commissioner of Income-tax v. Iscon Global Pvt. Ltd
[Citation -2020-LL-0312-7]
Citation | 2020-LL-0312-7 |
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Appellant Name | Commissioner of Income-tax |
Respondent Name | Iscon Global Pvt. Ltd. |
Court | HIGH COURT OF DELHI AT NEW DELHI |
Relevant Act | Income-tax |
Date of Order | 12/03/2020 |
Judgment | View Judgment |
Keyword Tags | low tax effect |
Bot Summary: | CORAM: HON'BLE MR. JUSTICE MANMOHAN HON'BLE MR. JUSTICE SANJEEV NARULA ORDER 12.03.2020 CM APPL. 45918/2019 The present application has been filed on behalf of the respondent seeking early hearing in the present appeal filed by the Department. In the present application, it is stated that the appeal of Department - appellant in the case of the present assesee is covered by the low tax effect circular issued by CBDT dated 8th August, 2019 numbered as circular no. 17/2019, wherein monetary limits for filing of appeals by the Department to the High Court is revised to Rs. 1 crore and the tax effect involved in the present appeal is admittedly Rs.68,59,340/-. No reply to the present application has been filed despite notice having been accepted by the Signature Not Verified Digitally Signed By:SAPNA SETHI Signing Date:16. The present application is allowed and appeal is dismissed on the ground of low tax effect. |