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Delhi High Court - Orders

The Pr. Commissioner Of Income Tax - Ltu vs Rural Electrification Corpn Ltd on 18 December, 2024

Author: Yashwant Varma

Bench: Yashwant Varma, Dharmesh Sharma

                             $~56
                             *         IN THE HIGH COURT OF DELHI AT NEW DELHI
                             +         ITA 1032/2018
                                       THE PR. COMMISSIONER OF INCOME
                                       TAX - LTU                      .....Appellant
                                                                            Through:                 Mr. Siddhartha Sinha, SSC with
                                                                                                     Ms. Anu Priya Nisha Minz,
                                                                                                     Adv.
                                                                            versus

                                       RURAL ELECTRIFICATION CORPN LTD. .....Respondent
                                                    Through: Mr. Mayank Nagi and Mr.
                                                             Tarun Singh, Advs.

                                       CORAM:
                                       HON'BLE MR. JUSTICE YASHWANT VARMA
                                       HON'BLE MR. JUSTICE DHARMESH SHARMA
                                                                            ORDER

% 18.12.2024

1. Undisputedly, the tax effect which forms the subject matter of this appeal falls below INR 2 Crores and would thus not be liable to be continued in light of the provisions made in Circular No. 9/2024 dated 17 September 2024.

2. The appeal is, consequently, dismissed on the ground of low tax effect. The proposed questions of law are kept open to be urged and addressed in an appropriate case.

YASHWANT VARMA, J.

DHARMESH SHARMA, J.

DECEMBER 18, 2024/DR This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 19/12/2024 at 22:31:28