Delhi v. M/S Indian Olympic Association

$~9, 10, 11 & 13 IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 389/2023 COMMISSIONER OF INCOME TAX (EXEMPTIONS) DELHI .....Appellant Through: Mr. Abhishek Maratha, SSC with Mr. Parth Semwal, Mr. Apoorv Agarwal, Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel & Mr. Kamakshraj Singh, Advs. Through: Mr. Abhishek Maratha, SSC with Mr. Parth Semwal, Mr. Apoorv Agarwal, Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel & Mr. Kamakshraj Singh, Advs. versus M/S INDIAN OLYMPIC ASSOCIATION .....Respondent Through: Mr. Satyen Sethi & Mr. Arta Trana Panda, Advs. + ITA 400/2023 COMMISSIONER OF INCOME TAX (EXEMPTIONS) DELHI .....Appellant .....Appellant Through: Mr. Abhishek Maratha, SSC with Mr. Parth Semwal, Mr. Apoorv Agarwal, Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel & Mr. Kamakshraj Singh, Advs. with Mr. Parth Semwal, Mr. Apoorv Agarwal, Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel & Mr. Kamakshraj Singh, Advs. versus INDIA INTERNATIONAL CENTRE .....Respondent Through: Mr. Amol Sinha, Mr. Kshitiz Garg & Mr. Sourav Verma, Advs. + ITA 402/2023 COMMISSIONER OF INCOME TAX (EXEMPTIONS) DELHI .....Appellant .....Appellant Through: Mr. Abhishek Maratha, SSC with Mr. Parth Semwal, Mr. Apoorv Agarwal, Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel & Mr. Kamakshraj Singh, Advs. versus INDIA INTERNATIONAL CENTRE .....Respondent Through: Mr. Amol Sinha, Mr. Kshitiz Garg & Mr. Sourav Verma, Advs. + ITA 670/2023 and CM APPL. 61641/2023 (303 Days Delay re-filing) COMMISSIONER OF INCOME TAX (EXEMPTIONS) DELHI .....Appellant .....Appellant Through: Mr. Abhishek Maratha, SSC with Mr. Parth Semwal, Mr. Apoorv Agarwal, Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel & Mr. Kamakshraj Singh, Advs. versus INDIA HABITAT CENTRE .....Respondent Through: Mr. Rakesh Tiku, Sr. Adv. with Mr. P. Roy Chaudhary, Adv. % CORAM:HON'BLE MR. JUSTICE YASHWANT VARMAHON'BLE MR. JUSTICE DHARMESH SHARMA O R D E R 05.12.2024 1.Mr. Maratha, learned counsel apprises the Court that the tax effect would fall below INR 2 crores. Thus, the appeals cannot be pursued further in light of Circular No.9/2024 dated 17 September 2024 issued by Central Board of Direct Taxes 2.The appeals consequently shall stand disposed of on account of low tax effect. The questions of law which were proposed are kept open to be addressed in an appropriate case. YASHWANT VARMA, J DECEMBER 05, 2024 Ch DHARMESH SHARMA, J