Commissioner Of Income Tax Delhi Iv v. Industrial Finance Corporation Of India Ltd.

$~R~23 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 619/2008 COMMISSIONER OF INCOME TAX DELHI-IV, NEW DELHI .....Appellant Through:

Counsel (appearance not given) versus INDUSTRIAL FINANCE CORPORATION OF INDIA LIMITED .....Respondent Through:

Mr. Vaibhav Kulkarni and Mr.

Himanshu Agarwal, Advocates

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MS. JUSTICE SWARANA KANTA SHARMA

O R D E R

% 04.12.2024 1.

The Revenue has filed the present appeal impugning the order dated 29.06.2007 passed by the learned Income Tax Appellate Tribunal in ITA No.1066/Del/2002 for the assessment year 1998-99. 2.

At the outset, the learned counsel appearing for the Revenue states that the tax effect involved in the present appeal is below the threshold limit of ₹2,00,00,000/- as stipulated in the Circular dated 17.09.2024 and is not covered by any exceptions as set out in the circular. 3.

Accordingly, the present appeal is dismissed on account of low tax effect.

VIBHU BAKHRU, J SWARANA KANTA SHARMA, J DECEMBER 4, 2024 ns Click here to check corrigendum, if any The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 10/12/2024 at 10:59:14