Case Law › High Court › Income Tax (Central)- 2 v. M/S Magic Aut...

Income Tax (Central)- 2 v. M/S Magic Auto Pvt. Ltd

High Court 24 Sep 2024 In favour of: Assessee

Forum / Bench

High Court · dhcdb

Parties

Date of order

24 Sep 2024

Assessment year(s)

—

Outcome

Dismissed

The order — as passed by the High Court

Case summary

In Income Tax (Central)- 2 v. M/S Magic Auto Pvt. Ltd, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

$~11 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 1019/2019 PR. COMMISSIONER OF INCOME TAX (CENTRAL)- 2 .....Appellant Through: Mr. Indruj Rai, SSC with Mr. Sanjeev Menon and Mr. Rahul Singh, JSCs. versus M/S MAGIC AUTO PVT. LTD. .....Respondent Through: Mr. Salil Kapoor, Mr. Sumit Lalchandani and Ms. Ananya Kapoor, Advocates. CORAM:HON'BLE MR. JUSTICE YASHWANT VARMAHON'BLE MR. JUSTICE RAVINDER DUDEJA O R D E R24.09.2024 % 1.In view of the Central Board of Direct Taxes Circular No. 9/2024 dated 17 September 2024, Mr. Rai, learned counsel for the appellant, submits that the appeal would be liable to be dismissed on the ground of low tax effect. 2.Ordered accordingly. YASHWANT VARMA, J. SEPTEMBER 24, 2024/vp RAVINDER DUDEJA, J.

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This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.

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