The Commissioner Of Income Tax-Internationaltaxation-3 v. Mufg Bank Ltd
High Court
16 Dec 2019 In favour of: Unclear
Forum / Bench
High Court · dhcdb
Parties
The Commissioner Of Income Tax-Internationaltaxation-3 v. Mufg Bank Ltd
Date of order
16 Dec 2019
Assessment year(s)
—
Outcome
Other
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax-Internationaltaxation-3 v. Mufg Bank Ltd, the High Court (2019) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~57
*IN THE HIGH COURT OF DELHI AT NEW DELHI
+ITA 912/2018
THE COMMISSIONER OF INCOME TAX-INTERNATIONALTAXATION-3..... AppellantThrough:Mr. Raghvendra Singh, Sr. StandingcounselwithMs.EashaKadian,Standing counsel.
versus
MUFG BANK LTD.
..... Respondent
Through:Mr. Sparsh Bhargava and Mr.KamalKumar Arya, Advs.
CORAM:HON'BLE MR. JUSTICE VIPIN SANGHIHON'BLE MR. JUSTICE SANJEEV NARULAO R D E R
%16.12.2019
In the light of the circular dated 08.08.2019 issued by the Ministry ofFinance, Department of Revenue, Central Board of Direct Taxes (JudicialSection), Government of India, which fixes the monetary limit in respect oftax effect, inter alia, before the High Court in which the Department couldpursue the matter as Rs. 1,00,00,000/- and in view of the fact that the taxeffect in the present case is Rs. 91,10,945/-, the present appeal is disposed ofas not pressed.
VIPIN SANGHI, J
DECEMBER 16, 2019
Pallavi
SANJEEV NARULA, J
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