Commissioner of Income-tax v. Iscon Global Pvt. Ltd
[Citation -2020-LL-0312-9]

Citation 2020-LL-0312-9
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. 45919/2019 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 the 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.


IN HIGH COURT OF DELHI AT NEW DELHI ITA 992/2010 COMMISSIONER OF INCOME TAX Appellant Through: Mr.Kunal Sharma, Senior Standing Counsel with Ms.Zehra Khan, Advocate. Versus ISCON GLOBAL PVT LTD Respondent Through: Mr.Salil Kapoor, Mr.Sidharth Kanwar and Ms.Ananya Kapoor, Advocates for respondent No.1. CORAM: HON'BLE MR. JUSTICE MANMOHAN HON'BLE MR. JUSTICE SANJEEV NARULA ORDER 12.03.2020 CM APPL. 45919/2019 (early hearing) present application has been filed on behalf of respondent seeking early hearing in present appeal filed by Department. In present application, it is stated that appeal of Department - appellant in case of present assesee is covered by 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 Department to High Court is revised to Rs. 1 crore and tax effect involved in present appeal (ITA No. 992/2010) is admittedly Rs.68,59,340/-. No reply to present application has been filed despite notice having been accepted by Signature Not Verified Digitally Signed By:SAPNA SETHI Signing Date:16.03.2020 15:21:45 Department on 18th October, 2019. Consequently, present application is allowed and appeal is dismissed on ground of low tax effect. MANMOHAN, J SANJEEV NARULA, J MARCH 12, 2020 v Signature Not Verified Digitally Signed By:SAPNA SETHI Signing Date:16.03.2020 15:21:45 Commissioner of Income-tax v. Iscon Global Pvt. Ltd
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