Tax (Cetral) -3 v. M/S Ramprastha Promoters And

$~12 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 682/2023 & CM APPL. 62186/2023 PRINCIPAL COMMISSIONER OF INCOME TAX (CETRAL) -3 .....Appellant Through: Mr. Abhishek Maratha, Sr. S.C. with Mr. Parth Semwal, Jr. S.C., Mr. Apoorv Agarwal, Jr. S.C., Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh Jodha, Ms. Muskaan Goel, Mr. Himanshu Gaur and Ms. Paridhi Kohli, Advocates versus M/S RAMPRASTHA PROMOTERS AND DEVELOPER PVT. LTD. .....Respondent Through: Mr. Piyush Kaushik and Mr. Tanveer Zaki, Advocates CORAM: HON'BLE MR. JUSTICE VIBHU BAKHRUHON'BLE MS. JUSTICE SWARANA KANTA SHARMA O R D E R27.09.2024 % 1.The Revenue has filed the present appeal impugning the order dated 23.09.2022 passed by the learned Income Tax Appellate Tribunal in ITA No. 5792/Del/2017 for the Assessment Year 2013-14. 2.The learned counsel appearing for the Revenue, at the outset, states that the tax effect involved in the present case is below the threshold limit of ₹2 crores, as stipulated in the circular dated 17.09.2024. The learned counsel also does not dispute that the subject matter does not fall in any of the exceptions, as provided in the said circular. 3.Accordingly, the present appeal alongwith pending application is dismissed on account of low tax effect. VIBHU BAKHRU, J SEPTEMBER 27, 2024 ns SWARANA KANTA SHARMA, J Click here to check corrigendum, if any