PR. COMMISSIONER OF INCOME TAX (CENTRAL)-2 v. M/S M.L.SINGHI & ASSOCIATES LTD

Delhi High Court · 24 Nov 2020 · 2020:DHC:3910-DB
Manmohan; Sanjeev Narula
ITA 672/2019
2020:DHC:3910-DB
tax appeal_dismissed

AI Summary

The Delhi High Court dismissed income tax appeals due to the tax effect being below the Rs. 1,00,000/- threshold prescribed by CBDT Circular No. 17/2019.

Full Text
Translation output
HIGH COURT OF DELHI
ITA 672/2019
PR.COMMISSIONER OF INCOME TAX(CENTRAL)-2 Appellant
Through; Mr.Kunal Sharma,Advocate.
VERSUS
M/S M.L.SINGHI& ASSOCIATES(?)LTD. Respondent
Through: None.
And
ITA 676/2019
PR. COMMISSIONER OF INCOMETAX(CENTRAL)-2 Appellant
Through: Mr.Kunal Sharma,Advocate.
VERSUS
M/S M.L.SINGHI& ASSOCIATES(P)LTD. Respondent
Through: None.
CORAM:
HON'BLE MR.JUSTICE MANMOHAN
HON'BLE MR.JUSTICE SANJEEV NARULA
24.11.2020 The appeals have been heard by way ofvideo conferencing.
Admittedly, the tax effect in the present appeals is lower than the thresholdlimitofRs.1,00,000/- prescribedin Circular No.17/2019 dated 08*''
August,2019issued bythe Central Board ofDirectTaxes.
2020:DHC:3910-DB Consequently, present appeals are dismissed on account oflow tax effect.
The order be uploaded on the website forthwith. Copy ofthe order be also forwardedto the learned counselthrough e-mail.
NOVEMBER 24,2020 js MANMOHAN,J sanj: A,J E N 2020:DHC:3910-DB
JUDGMENT