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High Court of DelhiITA/555/2022

Pr. Commissioner Of Income Tax-04 v. M/S Glitz Builders And Promoters Pvt Ltd

2024-11-14Hon'Ble Mr. Justice Vibhu Bakhru,Hon'Ble Dr. Justice Swarana Kanta Sharma1 pages

$~23 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 555/2022 CM APPL. 55975/2022 CM APPL. 55976/2022 PR. COMMISSIONER OF INCOME TAX-04 .....Appellant Through:

Mr. Siddhartha Sinha, SSC with Ms.

Anu Priya Nishra Minz, Adv.

versus M/S GLITZ BUILDERS AND PROMOTERS PVT LTD .....Respondent Through:

Mr. Piyush Kaushik and Mr. Tanveer Zaki, Advs.

CORAM:

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

O R D E R

% 14.11.2024 1.

The Revenue has filed the present appeal impugning an order dated 27.01.2021 passed by the learned Income Tax Appellate Tribunal in ITA No. 1405/Del/2013 for the assessment year 2007-08. 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.

VIBHU BAKHRU, J SWARANA KANTA SHARMA, J NOVEMBER 14, 2024 Akc 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 25/11/2024 at 14:26:17