THE PR. COMMISSIONER OF INCOME TAX -4 V. INDO RAMA SYSTHETIC INDIA LTD.

ITA/780/2018

AI Insights

The document pertains to a series of income tax appeals filed by the Principal Commissioner of Income Tax against various respondents, including Halcrow Consulting India Pvt. Ltd, Goodyear India Limited, and others. The appeals were consolidated and presented before the High Court of Delhi. The primary legal issue in these appeals was the tax effect involved, which was below the threshold of INR 2 Crores as stipulated by the recent circular. Consequently, the court dismissed the appeals without delving into the substantive questions of law, leaving them open for future consideration in appropriate cases.

• Counselvise Citation: [2024] 140 COUNSELVISE.COM (IT) 679738 (HC-DELHI)
• Appeal Type: Others
• Pronouncement Date: 17-12-2024
• Assessment Year: misc
• Laws Referred To: Circular No. 9/2024 dated 17 September 2024
• Result in Favour of: Others
• Court: HIGH COURT
• Department Lawyers: SALIL KAPOOR; NEERAJ JAIN; SUMIT MANGAL; ABHISEK SINGHVI; ANANYA KAPOOR; ZEHRA KHAN; RADHIKA SHARMA; UTKARSHA GUPTA; ANIKET AGRAWAL
• Assessee Lawyers: GAURAV GUPTA; INDRUJ RAI; DEBESH PANDA; RUCHIR BHATIA
• Keywords: Low tax effect; Dismissed appeals

Judgement Text

"$~91 to 100 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 720/2018 THE PR. COMMISSIONER OF INCOME TAX-4.....Appellant Through: Mr. Gaurav Gupta, SSC with Mr. Shivendra Singh and Mr. Yojit Pareek, JSCs versus HALCROW CONSULTING INDIA PVT. LTD......Respondent Through: Mr. Salil Kapoor, Ms. Ananya Kapoor and Mr. Utkarsha Kumar Gupta, Advs. 92 + ITA 754/2018 THE PR. COMMISSIONER OF INCOME TAX-4.....Appellant Through: Mr. Indruj Singh Rai, SSC with Mr. Sanjeev Menon, JSC with Mr. Anmol Jagga, Adv. versus GOODYEAR INDIA LIMITED .....Respondent Through: Mr. Neeraj Jain, Mr. Aniket D. Agrawal and Mr. Aniket D. Agrawal and Mr. Abhisek Singhvi, Advs. 93 + ITA 762/2018 PR. COMMISSIONER OF INCOME TAX DELHI - 2 .....Appellant Through: Appearance not given. versus SH. PRADEEP KHANNA .....Respondent Through: Appearance not given. This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/12/2024 at 12:49:53 94 + ITA 780/2018 THE PR. COMMISSIONER OF INCOME TAX-4.....Appellant Through: Mr. Debesh Panda, Standing Counsel with Ms. Zehra Khan and Mr. Vikramaditya Singh, Advs. versus INDO RAMA SYSTHETIC INDIA LTD. .....Respondent Through: Appearance not given. 95 + ITA 808/2018 THE PR. COMMISSIONER OF INCOME TAX-5.....Appellant Through: Mr. Ruchir Bhatia, SSC. versus JOHNSON MATTHEY INDIA PVT.LTD......Respondent Through: Mr. Sumit Mangal and Ms. Radhika Sharma, Advs. 96 + ITA 814/2018 THE PR. COMMISSIONER OF INCOME TAX-5.....Appellant Through: Mr. Ruchir Bhatia, SSC. versus JOHNSON MATTHEY INDIA PVT.LTD. .....Respondent Through: Mr. Sumit Mangal and Ms. Radhika Sharma, Advs. 97 + ITA 826/2018 THE PR. COMMISSIONER OF INCOME TAX-5.....Appellant Through: Mr. Ruchir Bhatia, SSC. versus This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/12/2024 at 12:49:53 JOHNSON MATTHEY INDIA PVT.LTD. .....Respondent Through: Mr. Sumit Mangal and Ms. Radhika Sharma, Advs. 98 + ITA 833/2018 THE PR. COMMISSIONER OF INCOME TAX-5.....Appellant Through: Appearance not given. versus KARMIC BUSINESS SPECIALITIES PVT. LTD. .....Respondent Through: Appearance not given. 99 + ITA 850/2018 PR. COMMISSIONER OF INCOME TAX-5 .....Appellant Through: Appearance not given. versus BYCELL TELECOMMUNICATION .....Respondent Through: Appearance not given. 100 + ITA 866/2018 PR. COMMISSIONER OF INCOME TAX - 2.....Appellant Through: Appearance not given. versus MALA KALSI, .....Respondent Through: Appearance not given. CORAM: HON'BLE MR. JUSTICE YASHWANT VARMA HON'BLE MR. JUSTICE DHARMESH SHARMA % 17.12.2024 O R D E R This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/12/2024 at 12:49:53 1. Undisputedly, the tax effect which forms the subject matter of these appeals 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. 2. The appeals are, consequently, dismissed on the ground of low tax effect. The proposed questions of law are kept open to be urged and addressed in an appropriate case. YASHWANT VARMA, J DHARMESH SHARMA, J DECEMBER 17, 2024/RW This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/12/2024 at 12:49:53 "