Commissioner Of Income Tax Del v. Escorts Ltd.

$~57 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ITA 68/2007 COMMISSIONER OF INCOME TAX DEL ..... Appellant Through:

Mr. Sunil Agarwal, Senior Standing Counsel with Ms. Priya Sarkar, Advocate.

versus ESCORTS LTD.

..... Respondent Through:

CORAM:

HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MS. JUSTICE REKHA PALLI

O R D E R

% 09.12.2019 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/-;

the disallowances upheld by the ITAT being less than Rs. 1 crore, as also 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 REKHA PALLI, J DECEMBER 09, 2019/nk