Pr. Commissioner Of Income Tax-6 v. Nalwa Steel & Power Ltd
High Court
19 Dec 2024 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Pr. Commissioner Of Income Tax-6 v. Nalwa Steel & Power Ltd
Date of order
19 Dec 2024
Assessment year(s)
—
Outcome
Other
Case summary
In Pr. Commissioner Of Income Tax-6 v. Nalwa Steel & Power Ltd, the High Court (2024) decided the matter.
Decision: 2.The appeal is, consequently, dismissed on the ground of low tax effect.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
$~81
* IN THE HIGH COURT OF DELHI AT NEW DELHI+ ITA 211/2019
PR. COMMISSIONER OF INCOME TAX-6 .....Appellant Through: Mr. Sunil Agarwal, Sr. Standing Counsel
versus
NALWA STEEL & POWER LTD
.....Respondent
Through: Mr. Salil Kapoor, Mr. Sumil-Lal Chandani and Ms. Ananya Kapoor, Advs.
CORAM:HON'BLE MR. JUSTICE YASHWANT VARMAHON'BLE MR. JUSTICE DHARMESH SHARMAO R D E R19.12.2024
%
1.Undisputedly, the tax effect which forms the subject matter of this appeal falls below INR 2 Crores and would thus not be liable to be continued in light of the provisions made in Circular No. 9/2024 dated 17 September 2024.
2.The appeal is, consequently, dismissed on the ground of low tax effect. The proposed questions of law are kept open to be urged and addressed in an appropriate case.
YASHWANT VARMA, J.
DHARMESH SHARMA, J.
DECEMBER 19, 2024 sp
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