Judgement

Latest Tax Judgement: High Court to consider whether Low Tax Effect Circular has retrospective effect. [CIT vs. Virgo Marketing Pvt. Ltd (SC]
Replies (4)

can u please elaborate..???

THE ABOVE CIRCULAR IS HEREBY ATTACHED

 

ITEM NO.9 COURT NO.1 SECTION IIIA

S U P R E M E C O U R T O F I N D I A

RECORD OF PROCEEDINGS

Petition(s) for Special Leave to Appeal (Civil)....../2012

(CC 21705/2011)

(From the judgement and order dated 21/04/2011 in ITA No.1468/2006

of The HIGH COURT OF DELHI AT N. DELHI)

C.I.T., DELHI Petitioner(s)

VERSUS

M/S VIRGO MARKETING PVT.LTD. Respondent(s)

(With appln(s) for c/delay in filing SLP and office report)

Date: 06/01/2012 This Petition was called on for hearing today.

CORAM :

HON'BLE THE CHIEF JUSTICE

HON'BLE MR. JUSTICE A.K. PATNAIK

HON'BLE MR. JUSTICE SWATANTER KUMAR

For Petitioner(s) Mr. Gaurab Banerji,ASG.

Mr. Gautam Jha,Adv.

Ms. Ritu Bhardwaj,Adv.

Ms. Anil Katiyar,Adv.

Mr. B.V. Balaram Das,Adv.

For Respondent(s)

UPON hearing counsel the Court made the following

O R D E R

Delay condoned.

In view of Para 11 of CBDT Instruction No.3/2011 dated 9th February, 2011, liberty is

granted to the Department to move the High Court by way of review within four weeks.

The special leave petition is, accordingly, disposed of.

[ Alka Dudeja ] [ Madhu Saxena ]

A.R.-cum-P.S. Assistant Registrar

2 https://www.itatonline.org

IN THE HIGH COURT OF DELHI AT NEW DELHI

21.04.2011

COMMISSIONER OF INCOME TAX

Vs. M/S VIRGO MARKETING P.LTD.

Present: Mr.Kiran Babu, Sr. Standing counsel for the Revenue/appellant.

ITA No.1468/2006

The tax effect in the present appeal is less than Rs. 10 lakhs. As per the new guidelines

of the CBDT, in those cases where the tax effect is less than Rs.10 lakhs, appeal is not to

be filed

The present appeal is dismissed on this ground alone.

A.K. SIKRI, J.

APRIL 21, 2011

M.L. MEHTA, J.

In view of Para 11 of CBDT Instruction No.3/2011 dated 9th February, 2011, liberty is granted to the Department to move the High Court by way of review within four weeks. The special leave petition is, accordingly, disposed of.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details