Cit v. Gopal Das Estate & Housing Pvt. Ltd.
Case brief
What is this about?
Low tax effect dismissal of departmental income-tax appeal; tax effect below INR 2 Crores; Circular No. 9/2024 dated 17.09.2024; questions of law kept open; ITA 295/2011; CIT v. Gopal Das Estate & Housing Pvt Ltd; Delhi High Court; Coram: Yashwant Varma and Harish Vaidyanathan Shankar, JJ.; decided 09.01.2025.
What did the court decide?
The tax effect forming the subject matter of the appeal falls below INR 2 Crores and the appeal is therefore not liable to be continued in light of the provisions of Circular No. 9/2024 dated 17 September 2024. ¶12