Principal Commissioner Of Income Tax 10 v. Vinod Gugnani

$~54 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 297/2023 & CM APPL. 27432/2023 PRINCIPAL COMMISSIONER OF INCOME TAX 10 .....Appellant Through:

Mr. Shlok Chandra, SSC with Ms.

Naincy Jain and Ms. Madhavi Shukla, JSCs with Mr.

Pritesh Kumar, Advocate versus VINOD GUGNANI .....Respondent Through:

Mr.

Salil Kapoor, Mr.

Sumit Lalchandi and Ms. Himanshi Gupta, Advocates

CORAM:

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

O R D E R

% 06.11.2024 1.

The Revenue has filed the present appeal impugning the order dated 02.11.2022 passed by the learned Income Tax Appellate Tribunal in ITA No.607/Del/2020 for the assessment year 2016-17. 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 said circular. 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 12:15:19

3.

Accordingly, the present appeal is dismissed on account of low tax effect. Pending application also stands disposed of. VIBHU BAKHRU, J SWARANA KANTA SHARMA, J NOVEMBER 06, 2024 zp 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 12:15:19