Commissioner Of Income Tax v. M/S Pondy Metal & Rolling Mill
High Court
10 Dec 2019 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Commissioner Of Income Tax v. M/S Pondy Metal & Rolling Mill
Date of order
10 Dec 2019
Assessment year(s)
—
Outcome
Other
Case summary
In Commissioner Of Income Tax v. M/S Pondy Metal & Rolling Mill, the High Court (2019) decided the matter.
Decision: 1,00,00,000/-;the income tax demand of Rs.38,93,428/- as mentioned in the order of CIT (A) dated 17.07.2000, as alsothe letter dated 20.11.2019 issued by ACIT, Judicial-2, New Delhi, the taxeffect in the present appeal being below the permissible tax effect limit, thepresent appeal is disposed of.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
$~35
*IN THE HIGH COURT OF DELHI AT NEW DELHI+ITA 367/2006
COMMISSIONER OF INCOME TAX
..... AppellantThrough:Mr. Deepak Anand, Senior StandingCounsel with Mr. Vipul Agarwal,Advocate.
versus
M/S PONDY METAL & ROLLING MILL
..... Respondent
Through:Mr. Siddharth Tandon, Advocate.
CORAM:HON'BLE MR. JUSTICE VIPIN SANGHIHON’BLE MS. JUSTICE REKHA PALLIO R D E R
%
10.12.2019
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.38,93,428/- as mentioned in the order of CIT (A) dated 17.07.2000, as alsothe letter dated 20.11.2019 issued by ACIT, Judicial-2, New Delhi, the taxeffect in the present appeal being below the permissible tax effect limit, thepresent appeal is disposed of.
VIPIN SANGHI, J
DECEMBER 10, 2019/nk
REKHA PALLI, J
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