Case Law › High Court › Principal Commissioner Of Income Tax-4,...

Principal Commissioner Of Income Tax-4, Delhi v. Magnum Steels Ltd

High Court 23 Sep 2024 In favour of: Unclear

Forum / Bench

High Court · dhcdb

Parties

Date of order

23 Sep 2024

Assessment year(s)

—

Outcome

Other

Case summary

In Principal Commissioner Of Income Tax-4, Delhi v. Magnum Steels Ltd, the High Court (2024) 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

$~29 IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 139/2023 & CM APPL. 11366/2023 (70 Days Delay ) CM APPL. 11367/2023 (149 Days Delay in Refiling) CM APPL. 11367/2023 (149 Days Delay in Refiling) PRINCIPAL COMMISSIONER OF INCOME TAX-4, DELHI .....Appellant Through: Mr. Abhishek Maratha, Sr. SC with Mr. Apoorv Agarwal, JSC, Mr. Parth Samwal, JSC with Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel and Mr. Himanshu Gaur, Advocates. with Mr. Apoorv Agarwal, JSC, Mr. Parth Samwal, JSC with Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel and Mr. Himanshu Gaur, Advocates. versus MAGNUM STEELS LTD .....Respondent Through: CORAM: HON'BLE MR. JUSTICE YASHWANT VARMAHON'BLE MR. JUSTICE RAVINDER DUDEJA O R D E R % 23.09.2024 1.In view of the Central Board of Direct Taxes Circular No. 9/2024 dated 17 September 2024, Mr. Maratha, learned counsel for the appellant, submits that the appeal would be liable to be dismissed on the ground of low tax effect. 2.Ordered accordingly. YASHWANT VARMA, J. RAVINDER DUDEJA, J. SEPTEMBER 23, 2024/ib

Facing a similar income-tax issue?

Our CA-led litigation team handles notices, scrutiny, penalties and appeals (CIT(A) & ITAT) end-to-end.

✅ File an income-tax appeal (CIT(A)/ITAT) → 💬 Ask our CA

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.

Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation. Full disclaimer & Terms.