Case Law › High Court › Commissioner Of Income Tax It Chandigarh...

Commissioner Of Income Tax It Chandigarh v. M/S Quarkcity India Private Limited

High Court 16 Feb 2021 In favour of: Revenue

Forum / Bench

High Court · phhc

Parties

Date of order

16 Feb 2021

Assessment year(s)

—

Outcome

Allowed

The order — as passed by the High Court

Case summary

In Commissioner Of Income Tax It Chandigarh v. M/S Quarkcity India Private Limited, the High Court (2021) allowed the appeal. The decision went in favour of the Revenue.

Decision: Main Case Consequently, the appeal is dismissed.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

IN THE HIGH COURT OF PUNJAB AND HARYANA|AT CHANDIGARH Sr. No.110/2 CM-1442-C[[-2021 IN/AND I[TA-250-201Date of Decision: 16.02.2021 COMMISSIONER OF INCOME TAX IT CHANDIGARH ... Appellant VERSUS M/S QUARKCITY INDIA PRIVATE LIMITED Respondent CORAM:HON'BLE MS. JUSTICE RITU BAHRIHON'BLE MRS. JUSTICE ARCHANA PURI Present:Mr. Manpreet Singh Kanda, Advocate,for the applicant/respondent. RITU BAHRI, J.CM;1447FCI]m202 Notice of this application. Ms. Urvashi Dhugga, Senior Standing Counsel for the appellant, accepts notice. Keeping in view the circular (Annexure R-1), wherebyinstructions dated 10.12.2015 have been issued, no appeal ismaintainable where the monetary limit of excess tax isRs.1,00,00,000/- (Rupees one crore only). Hence, the presentapplication is allowed. Main Case Consequently, the appeal is dismissed. (RITU BAHRI) JUDGE 16.02.7202himanshu (ARCHANA PURI)JUDGE Whether speaking/reasonedYes/NoWhether reportableYes/NoWhether reportableYes/No

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