In Commissioner Of Income Tax v. Ansal Housing & Estates Ltd. Through: Ms. Gargi Sethee, Advocate, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is therefore dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~30
* IN THE HIGH COURT OF DELHI AT NEW DELHI+ ITA 245/2007
COMMISSIONER OF INCOME TAX ..... Appellant Through: Mr. Deepak Anand, Jr. Standing Counsel for Mr. Zoheb Hossain, Sr. Standing Counsel for Revenue.
versus
ANSAL HOUSING & ESTATES LTD. Through: Ms. Gargi Sethee, Advocate.
..... Respondent
CORAM:HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA O R D E R% 10.10.2018
It is pointed out by the learned counsel for the Revenue that this appeal has low tax effect and would not be prosecuted in the light of latest Notification No.3 of 2018 dated 11.07.2018 issued by the Central Board of Direct Tax.
The appeal is therefore dismissed.
S. RAVINDRA BHAT, J
OCTOBER 10, 2018 nn
A. K. CHAWLA, J
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