Dismissed¶11
Commissioner of Income Tax Delhi v. Aerens Entertainment Ltd.
Delhi HCITA/659/2008
Case brief
AI extract
What is this about?
Delhi High Court income-tax appeal dismissal on low tax effect; ITA 659/2008; Commissioner of Income Tax Delhi v. Aerens Entertainment Ltd.; tax effect below INR 2 Crores; Circular No. 9/2024 dated 17 September 2024; appeal dismissed; questions of law kept open; order dated 07.02.2025; bench Yashwant Varma and Harish Vaidyanathan Shankar, JJ.
What did the court decide?
This Court dismissed the appeal solely on the ground of low tax effect, as the tax effect fell below INR 2 Crores and the appeal was therefore not liable to be continued in light of Circular No. 9/2024 dated 17 September 2024. ¶11