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High Court of DelhiITA/173/2008

Commissioner Of Income Tax v. Salora International Litd

2024-12-04Hon'Ble Mr. Justice Vibhu Bakhru,Hon'Ble Dr. Justice Swarana Kanta Sharma1 pages

$~R~16 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 173/2008 COMMISSIONER OF INCOME TAX DELHI-III, NEW DELHI .....Appellant Through:

Mr. Vipul Agrawal, SSC with Ms.

Sakshi Shairwal and Mr. Gibran Naushad, JSCs versus SALORA INTERNATIONAL LIMITED .....Respondent Through:

Mr. Salil Kapoor and Mr. Sumit Lalchandani, Advocates

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MS. JUSTICE SWARANA KANTA SHARMA

O R D E R

% 04.12.2024 1.

The Revenue has filed the present appeal impugning the order dated 27.04.2007 passed by the learned Income Tax Appellate Tribunal in ITA No.826/Del/2005 for the assessment year 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, J SWARANA KANTA SHARMA, J DECEMBER 4, 2024 ns 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 03/07/2025 at 00:37:30