Dismissed¶11
C.I.T v. Basti Sugar Mills Co.Ltd
Delhi HCITA/1017/2007
Case brief
AI extract
What is this about?
Delhi High Court, ITA 1017/2007, C.I.T. v. Basti Sugar Mills Co. Ltd., decided 06.02.2025 (Yashwant Varma and Harish Vaidyanathan Shankar, JJ.). Income tax appeal dismissed for low tax effect below INR 2 crores in terms of Circular No. 9/2024 dated 17 September 2024; proposed questions of law left open; no merits adjudication; respondent appearance not given.
What did the court decide?
The tax effect forming the subject matter of the appeal falls below INR 2 Crores and the appeal is accordingly not liable to be continued in light of the provisions of Circular No. 9/2024 dated 17 September 2024. ¶10