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High Court of DelhiITA/1069/2010

Commissioner Of Income Tax v. New World Synthetic Ltd

2025-01-07Hon'Ble The Acting Chief Justice,Hon'Ble Mr. Justice Tushar Rao Gedela1 pages

$~Regular-133 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 1069/2010 COMMISSIONER OF INCOME TAX .....Appellant Through:

Mr Sunil Agarwal with Mr Shivansh B. Pandya and Mr Viplav Acharya, Advocates.

versus NEW WORLD SYNTHETIC LTD.

.....Respondent Through:

None.

CORAM:

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

O R D E R

% 07.01.2025 1.

The Revenue has filed the present appeal impugning the order dated 30.04.2009 passed by the learned Income Tax Appellate Tribunal in ITA No.549/Del/09 for the assessment year 2002-03. 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 JANUARY 07, 2025/ tr 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 24/01/2025 at 12:39:02