Commissioner Of Income Tax v. Nits Softech Ltd

$~R-66 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 1364/2008 COMMISSIONER OF INCOME TAX .....Appellant Through:

Mr. Sunil Agarwal, Mr. S.B. Pandya, Mr. Viplav Acharya, Ms. Priya Sarkar & Mr. Utkarsh Tiwari, Advs.

Versus

NITS SOFTECH LTD .....Respondent Through:

CORAM:

HON'BLE THE ACTING CHIEF JUSTICE HON'BLE MR. JUSTICE TUSHAR RAO GEDELA

O R D E R

% 12.12.2024 1.

The Revenue has filed the present appeal impugning the order dated 31.03.2008 passed by the learned Income Tax Appellate Tribunal in IT(SS) A. No.317/Del./2005 and in C.O. No.277/Del/2007 for the block period 199192 to 2001-02. 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.

VIBHU BAKHRU, ACJ TUSHAR RAO GEDELA, J DECEMBER 12, 2024 'gsr'

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 18/12/2024 at 11:43:29