Principal Commissioner Of Income Tax-7 v. Panchshila Hospitality Ventures Ltd
High Court
12 Sep 2018 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Principal Commissioner Of Income Tax-7 v. Panchshila Hospitality Ventures Ltd
Date of order
12 Sep 2018
Assessment year(s)
—
Outcome
Other
Case summary
In Principal Commissioner Of Income Tax-7 v. Panchshila Hospitality Ventures Ltd, the High Court (2018) decided the matter.
Decision: Recording the said statement, the appeal is disposed of, without examining the issue/question raised, which is left open.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
$~1
* IN THE HIGH COURT OF DELHI AT NEW DELHI+ ITA 208/2018
PRINCIPAL COMMISSIONER OF INCOME TAX-7..... Appellant Through: Mr. Sanjay Kumar, Advocate
versus
PANCHSHILA HOSPITALITY VENTURES LTD...... Respondent Through: Mr. Anil Makhija, Advocate
CORAM:HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE CHANDER SHEKHAR O R D E R% 12.09.2018
Learned counsel for the Revenue states that the tax effect in the present appeal is below Rs.50,00,000/- and in view of circular No.3/2018, dated 11.7.2018, the present appeal may be disposed of, without examining the question/issue raised. It may be clarified that the issue/question is left open.
Recording the said statement, the appeal is disposed of, without examining the issue/question raised, which is left open. We also clarify that in case the present appeal is covered by an exception, the appellant would be at liberty to file an application for revival.
SANJIV KHANNA, J
SEPTEMBER 12, 2018/tp
CHANDER SHEKHAR, J
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