Principal Commissioner Of Income Tax (Cetral) -3 v. M/S Ramprastha Promoters And Developer Pvt. Ltd.

$~12 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 682/2023 & CM APPL. 62186/2023 PRINCIPAL COMMISSIONER OF INCOME TAX (CETRAL) -3 .....Appellant Through:

Mr. Abhishek Maratha, Sr. S.C. with Mr. Parth Semwal, Jr. S.C., Mr.

Apoorv Agarwal, Jr. S.C., Ms. Nupur Sharma, Mr. Gaurav Singh, Mr.

Bhanukaran Singh Jodha, Ms.

Muskaan Goel, Mr. Himanshu Gaur and Ms. Paridhi Kohli, Advocates versus M/S RAMPRASTHA PROMOTERS AND DEVELOPER PVT. LTD.

.....Respondent Through:

Mr. Piyush Kaushik and Mr. Tanveer Zaki, Advocates

CORAM:

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

O R D E R

% 27.09.2024 1.

The Revenue has filed the present appeal impugning the order dated 23.09.2022 passed by the learned Income Tax Appellate Tribunal in ITA No. 5792/Del/2017 for the Assessment Year 2013-14. 2.

The learned counsel appearing for the Revenue, at the outset, states that the tax effect involved in the present case is below the threshold limit of ₹2 crores, as stipulated in the circular dated 17.09.2024. The learned counsel 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 09/10/2024 at 14:41:24

also does not dispute that the subject matter does not fall in any of the exceptions, as provided in the said circular. 3.

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

VIBHU BAKHRU, J SWARANA KANTA SHARMA, J SEPTEMBER 27, 2024 ns 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 09/10/2024 at 14:41:24