Cit I v. Amway India Enterprises P Ltd
$~92.
* IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 631/2012 CIT ..... Appellant Through:
Mr. Deepak Anand and Mr. Vipul Agarwal, Advocates.
versus AMWAY INDIA ENTERPRISES P LTD ..... Respondent Through:
Mr. Mayank Nagi and Mr. Pulkit Verma, Advocates.
CORAM:
HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MS. JUSTICE REKHA PALLI
O R D E R
% 11.12.2019 Learned counsel for the appellant states that the tax effect in the present case is below Rs. 1 crore.
In the light of the circular dated 08.08.2019 issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes (Judicial Section), Government of India, which fixes the monetary limit in respect of tax effect, inter alia, before the High Court in which the Department could pursue the matter as Rs. 1,00,00,000/- and in view of the fact that the tax effect in the present case is Rs. 96,40,000/-, the present appeal is disposed of as not pressed.
VIPIN SANGHI, J REKHA PALLI, J DECEMBER 11, 2019 kd