The Pr. Commissioner Of Income Tax -6 v. Mps Ltd.

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ITA 254/2018 THE PR. COMMISSIONER OF INCOME TAX -6 ..... Appellant Through:

Mr. Ruchir Bhatia, Senior Standing Cousnel.

versus MPS LTD.

..... Respondent Through:

Mr. Piyush Kaushik, Advocate.

CORAM:

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

O R D E R

% 28.11.2019

1. Mr. Ruchir Bhatia, learned senior standing counsel for the Appellant has taken instructions from the Assessing Officer and he states that the tax effect in the present appeal is Rs. 67,27,801/-.

2. In view of the above, the appeal is dismissed 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. 67,27,801/-.

VIPIN SANGHI, J SANJEEV NARULA, J NOVEMBER 28, 2019/nk