Delhi (Central)-Ii v. Venue Video P.ltd
High Court
06 Dec 2024 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Delhi (Central)-Ii v. Venue Video P.ltd
Date of order
06 Dec 2024
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Delhi (Central)-Ii v. Venue Video P.ltd, the High Court (2024) dismissed the appeal.
Decision: 3.Accordingly, the present appeal is dismissed on account of low tax effect.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~Regular -31
IN THE HIGH COURT OF DELHI AT NEW DELHI+ ITA 898/2008
COMMISSIONER OF INCOME TAX
DELHI (CENTRAL)-II .....Appellant
Through: Mr. Puneet Rai, Adv.
Versus
VENUE VIDEO P.LTD.
.....Respondent
Through: Mr. Himanshu Agarwal, Mr. Vaibhav Kulkarni & Mr. Aditeya Bali, Advs. Kulkarni & Mr. Aditeya Bali, Advs.
CORAM:
HON'BLE THE ACTING CHIEF JUSTICEHON'BLE MR. JUSTICE TUSHAR RAO GEDELAO R D E R06.12.2024
%
1.The Revenue has filed the present appeal impugning the order dated 16.11.2007 passed by the learned Income Tax Appellate Tribunal in ITA No.285/Del/2005 for the block assessment period 01.04.1990 to 14.02.2001.
2.At the outset, the learned counsel appearing for the Revenue states that the tax effect involved in the present appeal is below the threshold limit of ₹2,00,00,000/- as stipulated in the Circular dated 17.09.2024 and is not covered by any exceptions as set out in the circular.
3.Accordingly, the present appeal is dismissed on account of low tax effect.
ACTING CHIEF JUSTICE
DECEMBER 06, 2024 ‘gsr’
TUSHAR RAO GEDELA, J
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