Tax 10 v. M/S Fine Gujaranwala Jewellers
High Court
17 Dec 2024 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
Tax 10 v. M/S Fine Gujaranwala Jewellers
Date of order
17 Dec 2024
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Tax 10 v. M/S Fine Gujaranwala Jewellers, the High Court (2024) dismissed the appeal.
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
$~13
IN THE HIGH COURT OF DELHI AT NEW DELHI
+ ITA 629/2023 & CM APPL. 59425/2023 DELAY OF 24 DAYS IN FILING 24 DAYS IN FILING
PRINCIPAL COMMISSIONER OF INCOME
TAX 10
.....Appellant
Through: Mr. Anurag Ojha, SSC with Ms. Hemlata Rawat & Mr. V K Saksena, Advs. Ms. Hemlata Rawat & Mr. V K Saksena, Advs.
versus
M/S FINE GUJARANWALA JEWELLERS .....Respondent
Through: Mr. S Krishan & Mr. Harshit Chauhan, Advs. Chauhan, Advs.
CORAM:HON'BLE MR. JUSTICE YASHWANT VARMAHON'BLE MR. JUSTICE DHARMESH SHARMA
O R D E R
17.12.2024
%
1.Undisputedly, the tax effect which forms 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 addressed and urged in an appropriate case.
YASHWANT VARMA, J.
DECEMBER 17, 2024 Ch
DHARMESH SHARMA, J.
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