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Case Law Details

Case Name : Commissioner of income-tax Vs. Delhi Race Club Ltd (Delhi High Court)
Appeal Number : ITA No. 128/2008
Date of Judgement/Order : 03/03/2011
Related Assessment Year :
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CIT Vs. Delhi Race Club Ltd

The tax effect involved in the present appeal is Rs. 4,65,860/-. As per the recent guidelines of the CBDT, appeal in those cases where the tax effect is less than Rs. 10 lacs, are not to be entertained. In this case court has taken the view that such circular would also apply to pending cases.  A contrary view has been taken in CIT vs. M/s Varindera Construction Co (P&H High Court – Full Bench).

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IN THE HIGH COURT OF DELHI AT NEW DELHI

ITA No. 128/2008

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