What did the High Court hold?

The Delhi High Court dismissed the appeals on the ground of low tax effect. The court explicitly stated that the proposed questions of law were kept open to be urged in an appropriate case.

What were the issues?

The primary issue was whether appeals with a tax effect below INR 2 Crores should be continued, given the recent circular issued by the CBDT regarding low tax effect appeals.

PCIT vs Indo Rama Systhetic India Ltd | Delhi High Court 2024

Q: What were the facts?

The appeals filed by the Revenue involved tax effects below INR 2 Crores. This was in light of the provisions made in Circular No. 9/2024 dated 17 September 2024. The appeals were listed for hearing before the Delhi High Court.

$~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

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

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

What did the High Court hold?

What were the facts?

What were the issues?

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