Case Law › High Court › Pr. Commissioner Of Income Tax-1 v. M/S...

Pr. Commissioner Of Income Tax-1 v. M/S Candor Gurgaon Two Developers And

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 Pr. Commissioner Of Income Tax-1 v. M/S Candor Gurgaon Two Developers And, 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.

$~1, 3 and 17 IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 441/2024 & CM APPL. 47013/2024 (14 days delay) and CM APPL. 47014/2024 224 days delay in refilling) CM APPL. 47014/2024 224 days delay in refilling) PR. COMMISSIONER OF INCOME TAX-1 .....Appellant Through: Mr. Sanjay Kumar and Ms. Easha, Advocates. Easha, Advocates. Versus M/S CANDOR GURGAON TWO DEVELOPERS AND PROJECTS PVT. LTD. .....Respondent Through: Mr. Sachit Jolly and Mr. Rishabh Malhotra, Advocates. Rishabh Malhotra, Advocates. 3. + ITA 443/2024 & CM APPL. 47104/2024 (14 days delay) and CM APPL. 47105/2024 224 days delay in refilling) CM APPL. 47105/2024 224 days delay in refilling) PR. COMMISSIONER OF INCOME TAX-1 .....Appellant Through: Mr. Sanjay Kumar and Ms. Easha, Advocates. Easha, Advocates. Versus M/S CANDOR KOLKATA ONE HI TECH STRUCTURE PVT. LTD. .....Respondent Through: Mr. Sachit Jolly and Mr. Rishabh Malhotra, Advocates. 17. + ITA 448/2024 & CM APPL. 47391/2024 (14 days delay) and CM APPL. 47392/2024 224 days delay in refilling) CM APPL. 47392/2024 224 days delay in refilling) PR. COMMISSIONER OF INCOME TAX-1, DELHI .....Appellant Through: Mr. Sanjay Kumar and Ms. Easha, Advocates. Easha, Advocates. Versus M/S CANDOR KOLKATA ONE HI-TECH STRUCTURE P. LTD. .....Respondent Through: Mr. Sachit Jolly and Mr. Rishabh Malhotra, Advocates. CORAM:HON'BLE MR. JUSTICE YASHWANT VARMAHON'BLE MR. JUSTICE RAVINDER DUDEJA O R D E R % 24.09.2024 1.In view of the Central Board of Direct Taxes Circular No. 9/2024 dated 17 September 2024, Mr. Kumar, learned counsel for the appellant, submits that the appeals 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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