ASSISTANT COMMISSIONER OF INCOME TAX, DELHI vs. VIJENDRA SURENDRA EXPORTS PRIVATE LIMITED, DELHI
Income Tax Appellate Tribunal, DELHI BENCH ‘G’, NEW DELHI
Before: Sh. Satbeer Singh Godara & Sh. Manish Agarwal
Per Satbeer Singh Godara, Judicial Member:
This Revenue’s appeal for Assessment Year 2007-08, arises against the CIT(A),
Delhi-31’s
DIN
&
order
No.
ITBA/APL/S/250/2024-25/1072452455(1) dated 23.01.2025, in proceedings u/s 147 of the Income Tax Act, 1961 (in short “the Act”).
Case called twice. None appears at the assessee’s behest. It is accordingly proceeded ex-parte.
It emerges at the outset that the Revenue's instant appeal involves tax effect of Rs.13,93,140/- which is less than the Vijendra Surendra Exports Pvt. Ltd.
2
minimum tax effect of Rs.60 lakhs prescribed in the CBDT latest
Circular No. 9/2024, dated 17.09.2024. 4. Learned Departmental Representative is indeed very fair in not disputing the fact that the CBDT's foregoing tax effect circular has been made applicable with retrospective effect on all appeals as well. We thus reject the Revenue's instant appeal for this precise reason above subject to all just exceptions.
This Revenue's appeal is dismissed in above terms. Order Pronounced in the Open Court on 29/09/2025. (Manish Agarwal) (Satbeer Singh Godara) Accountant Member Judicial Member Dated: 29/09/2025 *Subodh Kumar, Sr. PS*