Dismissed¶12
Cit v. Jrm Steel Pvt. Ltd.
Delhi HCITA/640/2012
Case brief
AI extract
What is this about?
CIT v. JRM Steel Pvt Ltd; ITA 640/2012; High Court of Delhi; order dated 15.01.2025; income tax appeal dismissed on ground of low tax effect below INR 2 Crores; Circular No. 9/2024 dated 17 September 2024 monetary-limit policy; proposed questions of law kept open; bench of Yashwant Varma J. and Harish Vaidyanathan Shankar J.; 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, in light of Circular No. 9/2024 dated 17 September 2024, the appeal is not liable to be continued. ¶11