Principal Commissioner Ofincome-18 v. Smt Nayana Gupta

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ITA 1097/2018 PRINCIPAL COMMISSIONER OFINCOME-18 ..... Appellant Through:

Ms. Lakshmi Gurung, Sr. Standing Counsel with Mr. Sagar Suri, Jr.

Standing Counsel and Mr. Siddharth Gupta, Advs.

versus SMT NAYANA GUPTA ..... Respondent Through:

Mr. Madhur Aggarwal, Adv.

CORAM:

HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MR. JUSTICE SANJEEV NARULA

O R D E R

% 29.08.2019 1.

Learned standing counsel for the Appellant states that tax effect is Rs.97,38,432/- and not Rs.1,21,02,930/- as stated in the appeal. 2.

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.97,38,432/- the present appeal is disposed of as not pressed.

VIPIN SANGHI, J SANJEEV NARULA, J AUGUST 29, 2019/ga