Principal Commissioner of Income Tax 10 v. Vinod Gugnani

O R D E R %

06.11.2024

¶1The Revenue has filed the present appeal impugning the order dated

02.11.2022 passed by the learned Income Tax Appellate Tribunal in ITA No.607/Del/2020 for the assessment year 2016-17.

¶2At the outset, the learned counsel appearing for the Revenue states that the tax effect involved in the present appeal is below the threshold limit of ₹2,00,00,000/- as stipulated in the Circular dated 17.09.2024 and is not covered by any exceptions as set out in the said circular. This is a digitally signed order. 3. Accordingly, the present appeal is dismissed on account of low tax effect. Pending application also stands disposed of.

VIBHU BAKHRU, J

SWARANA KANTA SHARMA, J NOVEMBER 06, 2024 zp

Click here to check corrigendum, if any This is a digitally signed order.

* IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 297/2023 & CM APPL. 27432/2023 PRINCIPAL COMMISSIONER OF INCOME TAX 10 .....Appellant Through: Mr. Shlok Chandra, SSC with Ms. Naincy Jain and Ms. Madhavi Shukla, JSCs with Mr. Pritesh Kumar, Advocate versus VINOD GUGNANI .....Respondent Through: Mr. Salil Kapoor, Mr. Sumit Lalchandi and Ms. Himanshi Gupta, Advocates CORAM: HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MS. JUSTICE SWARANA KANTA SHARMA