Pr. Commissioner Of Income Tax-1, Delhi v. M/S Advantage Fashion Pvt. Ltd.

$~79 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 519/2024 PR. COMMISSIONER OF INCOME TAX-1, DELHI .....Appellant Through:

Mr. Sanjay Kumar, Advocate.

versus M/S ADVANTAGE FASHION PVT. LTD.

.....Respondent Through:

CORAM:

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

O R D E R

% 14.10.2024 CM APPL. 60215/2024 (Exemption) 1.

Allowed, subject to all just exceptions.

2.

The application stands disposed of.

CM APPL. 60216/2024 (condonation of delay in refilling the appeal) 3.

For the reasons stated in the application, the delay in filing the appeal is condoned.

4.

The application stands disposed of.

ITA 519/2024 5.

The learned counsel appearing for the Revenue fairly states that the present appeal is required to be disposed of, on account of low tax effect. He states that in terms of the circular dated 17.09.2024, the threshold limit for filing and maintaining an appeal has been increased to ₹2,00,00,000/-. The 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 03/07/2025 at 00:30:45

subject matter of the present appeal also does not fall within the exclusionary clause of the said circular 6.

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

VIBHU BAKHRU, J SWARANA KANTA SHARMA, J OCTOBER 14, 2024/at 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 03/07/2025 at 00:30:45