PR COMMISSIONER OF INCOME TAX (CENTRAL)-3 vs. OSWAL CHEMICALS & FERTILISERS LTD

$~57. * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 392/2017

PR COMMISSIONER OF

INCOME TAX (CENTRAL)-3

..... Appellant

Through: Mr. Abhishek Maratha, Advocate.

versus

OSWAL CHEMICALS & FERTILISERS LTD..... Respondent

Through:

CORAM: HON'BLE MR. JUSTICE VIPIN SANGHI HON'BLE MS. JUSTICE REKHA PALLI

O R D E R % 12.12.2019

In the light of the circular dated 08.08.2019 issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes (Judicial Section), Government of India, which fixes the monetary limit in respect of tax effect, inter alia, before the High Court in which the Department could pursue the matter as Rs. 1,00,00,000/- and in view of the fact that the tax effect in the present case is Rs. 86,02,979/-, the present appeal is disposed of as not pressed.

VIPIN SANGHI, J

REKHA PALLI, J DECEMBER 12, 2019 kd