Income Tax (Central)-3 v. M/S Shalimar Town Planners

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 616/2019 PR. COMMISSIONER OF INCOME TAX (CENTRAL)-3 ..... Appellant Through Mr. Zoheb Hossain, Sr. Standing Counsel with Mr. Parth Seemwal, Jr. Standing Counsel and Ms. Mehak Sachdeva, Advocates versus M/S SHALIMAR TOWN PLANNERS PVT. LTD. ..... Respondent Through Mr. Piyush Kaushik, Advocate CORAM: HON'BLE MR. JUSTICE MANMOHAN HON'BLE MR. JUSTICE SANJEEV NARULA O R D E R % 13.03.2020 CM APPL. 9668/2020 Present application has been filed by the respondent-assessee for disposal of the present case on the ground of low tax effect. In the application, it is stated that the present appeal of the Department-appellant is covered by the low tax effect circular issued by CBDT dated 8[th] August, 2019 numbered as circular no. 17/2019, wherein monetary limits for filing of appeals by the Department to the High Court has been revised to Rs. 1 crore and the tax effect involved in the present appeal (ITA No. 616/2019) is admittedly Rs.76,92,292/-. Learned counsel for the appellant does not dispute the aforesaid facts. Consequently, the present application is allowed and appeal is dismissed on the ground of low tax effect. MANMOHAN, J MARCH 13, 2020 rn SANJEEV NARULA, J