Commissioner Of Income Tax v. M/S Krishna Continental Ltd
High Court
16 Dec 2019 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Commissioner Of Income Tax v. M/S Krishna Continental Ltd
Date of order
16 Dec 2019
Assessment year(s)
—
Outcome
Other
The order — as passed by the High Court
Case summary
In Commissioner Of Income Tax v. M/S Krishna Continental Ltd, the High Court (2019) decided the matter.
Decision: 1,00,00,000/-; the income tax demand of Rs.12,81,000/- as mentioned in the letter dated 20.11.2019 issued by ACIT,Judicial-2, New Delhi, the tax effect in the present appeal being below thepermissible tax effect limit, the present appeal is disposed of.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~34
IN THE HIGH COURT OF DELHI AT NEW DELHI+ITA 444/2006
COMMISSIONER OF INCOME TAX
..... Appellant
Through:
versus
M/S KRISHNA CONTINENTAL LTD.
..... Respondent
Through:
CORAM:HON'BLE MR. JUSTICE VIPIN SANGHIHON'BLE MR. JUSTICE SANJEEV NARULAO R D E R%16.12.2019
In the light of the circular dated 08.08.2019 issued by the Ministry ofFinance, Department of Revenue, Central Board of Direct Taxes (JudicialSection), Government of India, which fixes the monetary limit in respect oftax effect, inter alia, before the High Court in which the Department couldpursue the matter as Rs. 1,00,00,000/-; the income tax demand of Rs.12,81,000/- as mentioned in the letter dated 20.11.2019 issued by ACIT,Judicial-2, New Delhi, the tax effect in the present appeal being below thepermissible tax effect limit, the present appeal is disposed of.
VIPIN SANGHI, J
DECEMBER 16, 2019
Pallavi
SANJEEV NARULA, J
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