The Pr. Commissioner Of Income Tax -9 v. Tikona Infinet Ltd

$~18 IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 954/2018 & C.M. Nos.35429-35430/2018 THE PR. COMMISSIONER OF INCOME TAX -9..... Appellant Through Mr. Ruchir Bhatia, Sr. Standing Counsel. Through Mr. Ruchir Bhatia, Sr. Standing Counsel. versus TIKONA INFINET LTD. ..... Respondent Through Mr. Rohit Jain and Mr. Aniket D. Agrawal, Advocates. Agrawal, Advocates. CORAM: HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE CHANDER SHEKHAR O R D E R% 31.08.2018 Counsel for the appellant-Revenue states that the tax effect in the present appeal is less than Rs.50 lakhs and hence, in terms of Circular No.3 of 2018 dated 11[th] July, 2018, the appeal may be disposed of without answering the issue/question raised, which may be left open. Counsel for the respondent-assessee states that the issue of depreciation on computer accessories and peripherals is covered by several decisions of this court including Commissioner of Income-Tax Vs. BSES Yamuna Powers Ltd. (2013) 358 ITR 47 (Delhi). In view of the statement made by the counsel for the Revenue, the appeal is disposed of without answering the issue/question raised. We, however, clarify that this order would not in any way affect the ratio of the decisions relied upon by the respondent-assessee. As we are not deciding the appeal, we are not issuing notice on the applications seeking condonation of delay in filing and re-filing. SANJIV KHANNA, J AUGUST 31, 2018 NA CHANDER SHEKHAR, J