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High Court of DelhiITA/595/2019

Pr. Commissioner Of Income Tax (Central)-3 v. M/S Jain Cooperative Bank Ltd.

2024-10-18Hon'Ble Mr. Justice Vibhu Bakhru,Hon'Ble Dr. Justice Swarana Kanta Sharma1 pages

$~24 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ITA 595/2019 PR. COMMISSIONER OF INCOME TAX (CENTRAL)-3 .....Appellant Through:

Mr Indruj Singh Rai, SSC, Mr Sanjeev Menon and Mr Rahul Singh, JSCs and Mr Anmol Jagga, Advocate.

versus M/S JAIN COOPERATIVE BANK LTD.

.....Respondent Through:

Mr Chinmaya Seth, Mr A K Seth and Mr Prithviraj Dey, Advocates.

CORAM:

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

O R D E R

% 18.10.2024 1.

The Revenue has filed the present appeal impugning the order dated 24.10.2018 passed by the learned Income Tax Appellate Tribunal in ITA No.4538/Del./2015 for the assessment year 2011-12. 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. 3.

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

VIBHU BAKHRU, J SWARANA KANTA SHARMA, J OCTOBER 18, 2024 M 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 03/07/2025 at 00:36:25