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High Court of DelhiITA/142/2007

Commissioner Of Income Tax Del v. Goodwill India

2019-12-20Hon'Ble Mr. Justice Vipin Sanghi,Hon'Ble Mr. Justice Sanjeev Narula1 pages

$~11.

* IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 142/2007 COMMISSIONER OF INCOME TAX DEL ..... Appellant Through:

Mr. Zoheb Hossain, Adv.

versus GOODWILL INDIA ..... Respondent Through:

Mr. Arta Trana Panda and Ms. Gargi Sethee, Advs.

CORAM:

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

O R D E R

% 20.12.2019 Mr. Bhatia, on instructions, states that the tax effect in this matter is below Rs. 1 crore.

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/-; the tax effect of Rs. 57.05 Lakhs as mentioned in the letter dated 20.11.2019 issued by ACIT, Judicial-2, New Delhi, the tax effect in the present appeal being below the permissible tax effect limit, the present appeal is disposed of. VIPIN SANGHI, J SANJEEV NARULA, J DECEMBER 20, 2019/N.Khanna