$~59 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 903/2016 PR.COMMISSIONER OF INCOME TAX-5 .....Appellant Through: Mr. Gaurav Gupta, SSC with Mr. Shivendra Singh, Mr. Yojit Pareek, JSCs. versus JAMES CAPITAL & FINANCE PVT. LTD. .....Respondent Through: Mr. Somil Agarwal and Mr. Dushayant Agarwal, Advs. CORAM: HON'BLE MR. JUSTICE YASHWANT VARMA HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR O R D E R % 31.01.2025 1. Undisputedly, the tax effect which forms the subject matter of this appeal 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 appeal is, 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. HARISH VAIDYANATHAN SHANKAR, J. JANUARY 31, 2025/DR 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 04/02/2025 at 12:07:52