Pr. Commissioner of Income Tax -4 v. Jitf Shipyard Ltd.
Case brief
What is this about?
Delhi High Court; ITA 311/2026 & CM APPL. 24458/2026; PR. COMMISSIONER OF INCOME TAX -4 v. JITF SHIPYARD LTD.; order dated 16.04.2026; bench: Dinesh Mehta and Vinod Kumar, JJ.; tax effect below CBDT monetary limits; CBDT Circular No.5/2024 dated 15.03.2024; Circular No. 9/2024 dated 17.09.2024; departmental/income tax appeal dismissed for low tax effect.
What did the court decide?
The tax effect in the instant appeal falls below the limits prescribed in CBDT Circular No.5/2024 dated 15.03.2024 read with Circular No. 9/2024 dated 17.09.2024. ¶8