In The Pr. Commissioner Of Income Tax -Central-3 v. Isg Estates Pvt. Ltd, the High Court (2018) decided the matter.
Decision: Recording the said statement, the appeal is disposed of without answering the substantial question of law which is left open.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~3
* IN THE HIGH COURT OF DELHI AT NEW DELHI+ ITA 490/2018
THE PR. COMMISSIONER OF INCOME TAX -CENTRAL-3
..... Appellant
Through : Mr. Sanampreet Singh, Advocate for Mr. Ruchir Bhatia, Sr. Standing Counsel
versus
ISG ESTATES PVT. LTD.
Through : None
..... Respondent
CORAM:HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE CHANDER SHEKHAR O R D E R% 06.08.2018
Counsel for the Revenue states that the tax effect in the present appeal is less than Rs.50 lacs and hence the appeal may be disposed of without answering the substantial question of law in view of the Circular No. 3/2018 dated 11[th] July, 2018. The question of law may be left open.
Recording the said statement, the appeal is disposed of without answering the substantial question of law which is left open.
SANJIV KHANNA, J
AUGUST 06, 2018/SR
CHANDER SHEKHAR, 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.
EaseValue