The Pr. Commissioner of Income Tax-Central-3 v. Green Valley Housing & Land Development Pvt. Ltd.

Delhi High Court · 31 Aug 2018 · 2018:DHC:8312-DB
Sanjiv Khanna; Chander Shekhar
ITA 471/2018
2018:DHC:8312-DB
tax appeal_dismissed

AI Summary

The Delhi High Court disposed of tax appeals without deciding substantial questions of law as the tax effect was below Rs. 50 lakhs per Circular No. 3/2018.

Full Text
Translation output
HIGH COURT OF DELHI
ITA 471/2018
THE PR. COMMISSIONER OF INCOME TAX-CENTRAL-3 ~ Appellant
Through Mr. Ruchir Bhatia, Advocate
VERSUS
GREEN VALLEY HOUSING & LAND DEVELOPMENT PVT. LTD. Respondent
Through None And
ITA 474/2018
THE PR. COMMISSIONER OF INCOME TAX -3 Appellant
Through Mr. Ruchir Bhatia, Advocate
VERSUS
DECENT FINANCIALS SERVICES PVT. LTD Respondent
Through None
CORAM:
HON'BLE MR. JUSTICE SANJIV KHANNA
HON'BLE MR. JUSTICE CHANDER SHEKHAR
31.08.2018 It is stated by counsel for the appellant/Revenue that the tax effect in the present appeals is below Rs.50 Lacs and hence, in terms of circular No. 3/2018 dated 11.07.2018, the substantial question of law raised in the appeals need not be answered.
Recording the aforesaid statement, the appeals are disposed of without answering the substantial question of law which is left open.
-// ^ SANJIV KHANNA, J CHANDER SHEKHAR, J AUGUST 31,2018/b
2018:DHC:8312-DB
JUDGMENT