Pr. Commissioner of Income Tax -Central -1 v. R.J. Corp. Ltd.
Case brief
What is this about?
Low tax-effect dismissal of a Revenue income-tax appeal (ITA 747/2023, with CM APPL. 64067/2023) by the Delhi High Court on 13 February 2025 (Yashwant Varma and Harish Vaidyanathan Shankar JJ.). Tax effect below INR 2 Crores; appeal discontinued per Circular No. 9/2024 dated 17 September 2024; proposed questions of law kept open; next hearing date 21.04.2025 cancelled. Parties: Pr. Commissioner of Income Tax (Central)-1 (appellant; Sunil Aggarwal SSC with Shivansh B. Pandya and Viplav ACharya JSCs, Utkarsh Tiwari Adv.) versus R.J. Corp. Ltd. (respondent; Divyansh Jain and Paritosh Jain Advs.). No statute or precedent was engaged with; no impugned order is described in the order.
What did the court decide?
Undisputedly, the tax effect forming the subject matter of the appeal falls below INR 2 Crores and would thus not be liable to be continued in light of the provisions made in Circular No. 9/2024 dated 17 September 2024.