Principal Commissioner Of Income Tax - 7 v. Psb Industrial (India) Pvt. Ltd.,

$~83 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 575/2018 PRINCIPAL COMMISSIONER OF INCOME TAX - 7 .....Appellant Through:

Mr. Vipul Agrawal, SSC.

versus PSB INDUSTRIAL (INDIA) PVT. LTD., .....Respondent Through:

Ms. Swaralipi Deb Roy, Adv.

CORAM:

HON'BLE MR. JUSTICE YASHWANT VARMA HON'BLE MR. JUSTICE DHARMESH SHARMA

O R D E R

% 16.12.2024 1.

Undisputedly, the tax effect which forms subject matter of this appeal falls below INR 2 Crores and would thus not be liable to be continued in light of the provisions made in Circular No. 9/2024 dated 17 September 2024.

2.

The appeal is, consequently, dismissed on the ground of low tax effect.

3.

The next date of hearing fixed on 12.03.2025 is cancelled. YASHWANT VARMA, J.

DHARMESH SHARMA, J.

DECEMBER 16, 2024 Ch 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 20/12/2024 at 12:49:54