Commissioner Of Income Tax Delhi-Vi v. The Printers House Limited Through: None
High Court
09 Jul 2020 In favour of: Assessee
Forum / Bench
High Court · dhcdb
Parties
Commissioner Of Income Tax Delhi-Vi v. The Printers House Limited Through: None
Date of order
09 Jul 2020
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Commissioner Of Income Tax Delhi-Vi v. The Printers House Limited Through: None, the High Court (2020) dismissed the appeal. The decision went in favour of the assessee.
Decision: Since the tax effect involved in the present case is lower than the threshold limit of Rupees One Crore (Rs.1,00,00,000/-) prescribed in Circular No.17/2019 dated 08[th] August, 2019 read with Circular No.03/2018 and its amendments dated 20[th] August, 2018 issued by the Central Board of Direct Taxe...
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
R-17
$~
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ ITA 1021/2005
COMMISSIONER OF INCOME TAX DELHI-VI ..... Appellant Through: Mr. Abhishek Maratha, Advocate.
versus
THE PRINTERS HOUSE LIMITED Through: None.
.....Respondent
CORAM:HON'BLE MR. JUSTICE MANMOHAN HON'BLE MR. JUSTICE SANJEEV NARULA
%
O R D E R09.07.2020
The appeal has been heard by way of video conferencing.
Learned counsel for appellant states that the tax effect involved in the present case is lower than the threshold limit of Rupees One Crore (Rs.1,00,00,000/-) prescribed in Circular No.17/2019 dated 08[th] August, 2019 issued by the Central Board of Direct Taxes.
Since the tax effect involved in the present case is lower than the
threshold limit of Rupees One Crore (Rs.1,00,00,000/-) prescribed in Circular No.17/2019 dated 08[th] August, 2019 read with Circular No.03/2018 and its amendments dated 20[th] August, 2018 issued by the Central Board of Direct Taxes, the present appeal is dismissed on account of low tax effect.
The order be uploaded on the website forthwith. Copy of the order be also forwarded to the learned counsel through e-mail.
MANMOHAN, J
JULY 09, 2020 js
SANJEEV NARULA, J
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