Cit v. Jkj & Sons Endeavour Pvt. Ltd.
Case brief
What is this about?
Delhi High Court; ITA 1266/2011; CIT vs JKJ & SONS ENDEAVOUR PVT LTD; order dated 13.01.2025; bench Yashwant Varma and Harish Vaidyanathan Shankar; appeal dismissed on ground of low tax effect; tax effect below INR 2 crores; Circular No. 9/2024 dated 17 September 2024; proposed questions of law kept open.
What did the court decide?
Since the tax effect forming the subject matter of the appeal falls below INR 2 crores, the appeal is not liable to be continued in light of Circular No. 9/2024 dated 17 September 2024, and it is dismissed on the ground of low tax effect. ¶1