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High Court of DelhiITA/914/2008

Commissioner Of Income Tax Delhi Iv v. Delhi Stock Exchange Association Ltd.

2024-12-06Hon'Ble The Acting Chief Justice,Hon'Ble Mr. Justice Tushar Rao Gedela1 pages

$~Regular -32 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 914/2008 COMMISSIONER OF INCOME TAX DELHI IV .....Appellant Through:

Mr. Puneet Rai, Adv.

Versus

DELHI STOCK EXCHANGE ASSOCIATION LTD.....Respondent Through:

Counsel for the respondent.

CORAM:

HON'BLE THE ACTING CHIEF JUSTICE HON'BLE MR. JUSTICE TUSHAR RAO GEDELA

O R D E R

% 06.12.2024 1.

The Revenue has filed the present appeal impugning the order dated 29.08.2007 passed by the learned Income Tax Appellate Tribunal in ITA No.3819/Del/2005 for the assessment year 2002-03. 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 circular. 3.

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

ACTING CHIEF JUSTICE TUSHAR RAO GEDELA, J DECEMBER 06, 2024 'gsr'

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