Ita/751/2018 Of Pr.commissioner Of Income Tax-2 v. M/S Alcobex Metals Ltd
High Court
06 Nov 2019 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Ita/751/2018 Of Pr.commissioner Of Income Tax-2 v. M/S Alcobex Metals Ltd
Date of order
06 Nov 2019
Assessment year(s)
—
Outcome
Other
Case summary
In Ita/751/2018 Of Pr.commissioner Of Income Tax-2 v. M/S Alcobex Metals Ltd, the High Court (2019) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
$~15
*IN THE HIGH COURT OF DELHI AT NEW DELHI+ITA 751/2018PR.COMMISSIONER OF INCOME TAX-2,..... Appellant
..... AppellantThrough:Mr. Raguvendra K. Singh, Sr.Standing counsel for Revenue withMr. Vipul.
versus
M/S ALCOBEX METALS LTD...... RespondentThrough:Mr. Piyush Kamal, Adv.
CORAM:HON'BLE MR. JUSTICE VIPIN SANGHIHON'BLE MR. JUSTICE SANJEEV NARULAO R D E R%06.11.2019
1.Mr. Singh, points out that the tax effect in the present case is Rs.74,01,082/-. He submits that the same is wrongly been mentioned asRs.1,91,92,403/- at page no. 15 of the paper book.
2. 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/- and in view of the fact that the taxeffect in the present case is Rs. 74,01,082/-, the present appeal is disposed ofas not pressed.
VIPIN SANGHI, J
NOVEMBER 06, 2019
Pallavi
SANJEEV NARULA, J
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