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High Court of DelhiITA/971/2008

Commissioner Of Income Tax Delhi Viii v. Monisha Gupta

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

$~Regular -35 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 971/2008 COMMISSIONER OF INCOME TAX DELHI VIII.....Appellant Through:

Mr. Puneet Rai, Adv.

Versus

SMT. MONISHA GUPTA .....Respondent Through:

Dr. Rakesh Gupta, Mr. Somil Agarwal & Mr. Dushyant Agarwal, Advs.

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 26.10.2007 passed by the learned Income Tax Appellate Tribunal in ITA No.277/Del/2004 for the block assessment period 01.04.1990 to 21.11.2000. 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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