Pr. Cit v. Camboj Brothers P .Ltd

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI 10.

+ ITA 560/2015 PR. CIT ..... Appellant Through: Mr. Dileep Shivpuri, Senior Standing counsel with Mr. Zoheb Hossain, Junior Standing counsel.

versus CAMBOJ BROTHERS P .LTD ..... Respondent Through: Mr. Santosh K. Aggarwal, Advocate.

CORAM:

JUSTICE S.MURALIDHAR JUSTICE VIBHU BAKHRU

O R D E R

% 28.01.2016

1. Learned counsel for the Assessee has handed over an income tax computation form for the Assessment Year ('AY') in question, i.e., 2001-02 which shows that the gross tax demand is Rs. 18,70,523, and it is only after adding the interest amount under Sections 234A and 234B that the total tax works out to Rs.37,82,546.

2. Since the tax effect is less than Rs.20 lakhs, in view of Circular No. 21/2015 dated 10th December 2015 issued by the Central Board of Direct Taxes, this appeal has to be treated as not pressed by the Revenue. ITA 560/2015 Page 1 of 2

3. The appeal is accordingly dismissed as not pressed.

4. The date already fixed, if any, stands cancelled. S.MURALIDHAR, J VIBHU BAKHRU, J JANUARY 28, 2016 mg ITA 560/2015 Page 2 of 2