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High Court of DelhiITA/431/2019

Pr. Commissioner Of Income Tax -7 v. M/S Psychotropics Leasing & Finance Pvt Ltd.

2019-10-10Hon'Ble Mr. Justice Vipin Sanghi,Hon'Ble Mr. Justice Sanjeev Narula1 pages

$~4 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ITA 431/2019 PR. COMMISSIONER OF INCOME TAX -7 ..... Appellant Through:

Mr. Raghvendra Singh, Sr. Standing Counsel with Ms.Roopali Gupta, Adv.

versus M/S PSYCHOTROPICS LEASING & FINANCE PVT LTD.

..... Respondent Through:

Mr. Rohit Kumar Gupta, Adv. for R2.

CORAM:

HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MR. JUSTICE SANJEEV NARULA

O R D E R

% 10.10.2019 In the light of the circular dated 08.08.2019 issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes (Judicial Section), Government of India, which fixes the monetary limit in respect of tax effect, inter alia, before the High Court in which the Department could pursue the matter as Rs. 1,00,00,000/- and in view of the fact that the tax effect in the present case is Rs.50,93,517/-, the present appeal is disposed of as not pressed.

VIPIN SANGHI, J SANJEEV NARULA, J OCTOBER 10, 2019 Pallavi