Dismissed
Commissioner of Income Tax v. the Basti Sugar Mills Co. Ltd.
Delhi HCITA/957/2007
Case brief
AI extract
What is this about?
The Division Bench dismissed an income tax appeal by the Commissioner, relying on Circular No. 9/2024 which stipulates that appeals with a tax effect below INR 2 Crores are not liable to be continued. The substantive questions of law were kept open for a future case.
What did the court decide?
The appeal is dismissed on the ground of low tax effect as the tax effect falls below INR 2 Crores.