Dismissed¶¶7
Cit v. Vandana Laboratories Pvt. Ltd.
Delhi HCITA/245/2011
Case brief
AI extract
What is this about?
Delhi High Court, ITA 245/2011, CIT (appellant) v. Vandana Laboratories Pvt Ltd (respondent), order dated 09.01.2025 by Justices Yashwant Varma and Harish Vaidyanathan Shankar. Appeal dismissed on the ground of low tax effect; tax effect below INR 2 Crores (Rs. 2,00,00,000); appeal not liable to be continued in light of Circular No. 9/2024 dated 17 September 2024; proposed questions of law kept open. Keywords: low tax effect, Circular 9/2024, income tax appeal, monetary limit, revenue appeal, dismissal.
What did the court decide?
The tax effect forming the subject matter of the appeal falls below INR 2 Crores and, in light of Circular No. 9/2024 dated 17 September 2024, the appeal is not liable to be continued. ¶¶6