End Of Picture Text -----<Br> v. Escorts Ltd
High Court
09 Dec 2019 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
End Of Picture Text -----<Br> v. Escorts Ltd
Date of order
09 Dec 2019
Assessment year(s)
—
Outcome
Other
The order — as passed by the High Court
Case summary
In End Of Picture Text -----<Br> v. Escorts Ltd, the High Court (2019) decided the matter.
Decision: 1 crore, as also the letter dated 20.11.2019 issuedby ACIT, Judicial-2, New Delhi, the tax effect in the present appeal beingbelow the permissible tax effect limit, the present appeal is disposed of.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~57
*IN THE HIGH COURT OF DELHI AT NEW DELHI+ITA 68/2007COMMISSIONER OF INCOME TAX DEL
..... AppellantThrough:Mr. Sunil Agarwal, Senior StandingCounsel with Ms. Priya Sarkar,Advocate.
versus
ESCORTS LTD.
Through:
..... Respondent
CORAM:HON'BLE MR. JUSTICE VIPIN SANGHIHON’BLE MS. JUSTICE REKHA PALLIO R D E R
%09.12.2019
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 disallowances upheld by theITAT being less than Rs. 1 crore, as also the letter dated 20.11.2019 issuedby ACIT, Judicial-2, New Delhi, the tax effect in the present appeal beingbelow the permissible tax effect limit, the present appeal is disposed of.
VIPIN SANGHI, J
DECEMBER 09, 2019/nk
REKHA PALLI, J
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