In The Commissioner Of Income Tax v. Sutlej Industries Ltd, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~
* IN THE HIGH COURT OF DELHI AT NEW DELHIR-22.
+
ITA 437/2004
THE COMMISSIONER OF INCOME TAX
..... Appellant
Through: Mr. Asheesh Jain, Senior Standing Counsel.
versus
SUTLEJ INDUSTRIES LTD.
Through: None.
..... Respondent
CORAM:
JUSTICE S. MURALIDHAR
JUSTICE NAJMI WAZIRI O R D E R% 21.07.2016
1. Learned counsel for the Revenue points out that the tax effect is less than
Rs.20 lakhs. He states that in view of Circular No. 21/2015 dated 10[th]
December 2015 issued by the Central Board of Direct Taxes, he does not press this appeal.
2. The appeal is dismissed as not pressed.
S. MURALIDHAR, J
JULY 21, 2016/dn
NAJMI WAZIRI, J
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.