In Commissioner Of Income Tax- I v. Credential Stock Broker Pvt. Ltd, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~
* IN THE HIGH COURT OF DELHI AT NEW DELHI
10. + ITA 649/2015
COMMISSIONER OF INCOME TAX- I
..... Appellant
Through: Mr. Dileep Shivpuri, Senior Standing Counsel with Mr. Zoheb Hossain, Advocate.
versus
CREDENTIAL STOCK BROKER PVT. LTD. ..... Respondent
CORAM:JUSTICE S. MURALIDHAR JUSTICE VIBHU BAKHRU
%
O R D E R
23.02.2016
1. Learned counsel for the Revenue points out that the tax effect is less than
Rs.20 lakhs. He states that in view of Circular No. 21/2015 dated 10[th]December 2015 issued by the Central Board of Direct Taxes, he does not press this appeal.
2. The appeal is dismissed as not pressed.
S. MURALIDHAR, J
FEBRUARY 23, 2016/dn
VIBHU BAKHRU, J
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue