Pr. Commissioner Of Income Tax-7 v. Smr Automotive Systems India Ltd.

$~22 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 164/2023 PR. COMMISSIONER OF INCOME TAX-7 .....Appellant Through:

Appearance not given.

versus SMR AUTOMOTIVE SYSTEMS INDIA LTD.

.....Respondent Through:

Appearance not given.

CORAM:

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

O R D E R

% 07.11.2024 1.

The learned counsel appearing for the Revenue states that the tax effect in the present case is ₹1,99,53,718/-. 2.

The learned counsel appearing for the assessee submits that it is less than the said amount.

3.

It is not necessary to examine this controversy as the tax effect is below the threshold limit of ₹2,00,00,000/- as specified in the circular dated 17.09.2024 and the matter involved is also not covered under any of the exceptions, as specified in the said circular. 4.

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

VIBHU BAKHRU, J SWARANA KANTA SHARMA, J NOVEMBER 07, 2024/A 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 13/11/2024 at 12:15:20