Commissioner Of Income Tax v. Gopal Dass Estates & Housing Pvt.Ltd.

$~26,28,34,35 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 50/2007 COMMISSIONER OF INCOME TAX ..... Appellant versus GOPAL DASS ESTATES & HOUSING PVT.LTD.

..... Respondent + ITA 668/2009 THE COMMISSIONER OF INCOME TAX ..... Appellant versus GOPAL DASS ESTATES & HOUSING PVT.LTD.

..... Respondent + ITA 456/2013 CIT ..... Appellant versus GOPAL DASS ESTATES & HOUSING PVT.LTD.

..... Respondent + ITA 457/2013 COMMISSIONER OF INCOME TAX ..... Appellant versus GOPAL DASS ESTATES & HOUSING PVT.LTD.

..... Respondent Present: Ms.Vibhooti Maihotra, Jr.Standing Counsel for appellant. Mr. M.S. Syali, Sr. Advocate, Mr. Satyen Sethi, Mr. Arta Trana Panda, Mr. Tarun Singh, Ms. Gargi Sethee, Advs. for Assessees.

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA

O R D E R

% 30.07.2018 ITA 50/2007 & other connected matters

It is stated by the counsel for the Respondent that in view of the recent Circular of the Central Board of Direct Taxes (Circular No.3 of 2018 dated 11.07.2018) the appeals have to be dismissed as resulting in tax effect to less than the prescribed amount i.e. `50 lacs. This position is not denied by the counsel for the Revenue. In the light of this development, the appeals are dismissed as having low tax effect limit.

S. RAVINDRA BHAT, J A. K. CHAWLA, J JULY 30, 2018/akv ITA 50/2007 & other connected matters