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Ita/872/2006 Of Commissioenr Of Income Tax Del v. I.s.gambhir

High Court 11 Dec 2019 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Ita/872/2006 Of Commissioenr Of Income Tax Del v. I.s.gambhir
Date of order
11 Dec 2019
Assessment year(s)
Outcome
Other

Case summary

In Ita/872/2006 Of Commissioenr Of Income Tax Del v. I.s.gambhir, the High Court (2019) decided the matter.

Decision: 87 lacs asmentioned in the order of CIT (A) dated 22.01.2000, as also the letter dated20.11.2019 issued by ACIT, Judicial-2, New Delhi, the tax effect in thepresent appeal being below the permissible tax effect limit, the presentappeal is disposed of.

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

The order — as passed by the High Court

$~44 *IN THE HIGH COURT OF DELHI AT NEW DELHI+ITA 872/2006COMMISSIOENR OF INCOME TAX DEL..... Appellant ..... Appellant Through:Ms.Vibhooti Malhotra, SeniorStanding Counsel with Mr.SiddharthManocha, Advocate versus I.S.GAMBHIR Through: ..... Respondent CORAM:HON'BLE MR. JUSTICE VIPIN SANGHIHON'BLE MS. JUSTICE REKHA PALLI O R D E R11.12.2019 % 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/-;disallowance of Rs. 87 lacs asmentioned in the order of CIT (A) dated 22.01.2000, as also the letter dated20.11.2019 issued by ACIT, Judicial-2, New Delhi, the tax effect in thepresent appeal being below the permissible tax effect limit, the presentappeal is disposed of. VIPIN SANGHI, J DECEMBER 11, 2019 v REKHA PALLI, J
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