Principal Commissioner Of Income Tax-4, Delhi v. Magnum Steels Ltd

$~29 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 139/2023 & CM APPL. 11366/2023 (70 Days Delay ) CM APPL. 11367/2023 (149 Days Delay in Refiling) PRINCIPAL COMMISSIONER OF INCOME TAX-4, DELHI .....Appellant Through:

Mr. Abhishek Maratha, Sr. SC with Mr. Apoorv Agarwal, JSC, Mr. Parth Samwal, JSC with Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel and Mr.

Himanshu Gaur, Advocates.

versus MAGNUM STEELS LTD .....Respondent Through:

CORAM:

HON'BLE MR. JUSTICE YASHWANT VARMA HON'BLE MR. JUSTICE RAVINDER DUDEJA

O R D E R

% 23.09.2024 1.

In view of the Central Board of Direct Taxes Circular No. 9/2024 dated 17 September 2024, Mr. Maratha, learned counsel for the appellant, submits that the appeal would be liable to be dismissed on the ground of low tax effect.

2.

Ordered accordingly.

YASHWANT VARMA, J.

RAVINDER DUDEJA, J.

SEPTEMBER 23, 2024/ib 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 03/07/2025 at 00:37:14