Commissioner Of Income Tax Delhi Ii v. Jagson International Ltd
High Court
29 Nov 2024 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Commissioner Of Income Tax Delhi Ii v. Jagson International Ltd
Date of order
29 Nov 2024
Assessment year(s)
2001-02
Outcome
Other
Case summary
In Commissioner Of Income Tax Delhi Ii v. Jagson International Ltd, the High Court (2024) decided the matter.
Decision: 3.Accordingly, the present appeal is dismissed on account of low tax effect.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
$~R-8
IN THE HIGH COURT OF DELHI AT NEW DELHI
+ ITA 262/2008
COMMISSIONER OF INCOME TAX DELHI II .....Appellant
Through: Mr. Abhishek Maratha, SSC with Mr. Parth Semwal, Mr. Apoorv Agarwal, JSCs, Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel and Mr. Kamakshraj Singh, Advocates Parth Semwal, Mr. Apoorv Agarwal, JSCs, Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel and Mr. Kamakshraj Singh, Advocates
versus
JAGSON INTERNATIONAL LTD.
.....Respondent
Through: Counsel (appearance not given)
CORAM:HON'BLE MR. JUSTICE VIBHU BAKHRUHON'BLE MS. JUSTICE SWARANA KANTA SHARMA
%
O R D E R29.11.2024
1.The Revenue has filed the present appeal impugning the order dated 16.03.2007 passed by the learned Income Tax Appellate Tribunal in ITA No.3880/D/2003 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.
NOVEMBER 29, 2024 ns
VIBHU BAKHRU, J
SWARANA KANTA SHARMA, J
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