Pr. Commissioner of Income Tax v. Janak Raj Gupta; Pr. Commissioner of Income Tax-10, New Delhi v. Janak Raj Gupta and Company (common order)

1. FACTS OF THE CASE

In ITA 247/2026 and ITA 248/2026, Revenue’s counsel stated that the tax effect fell below the limits prescribed by CBDT Circular 5/2024 dated 15 March 2024 read with Circular 9/2024 dated 17 September 2024. The supplied order does not state an assessment year or determine the substantive tax dispute.

Source: PDF p. 1

2. DISCUSSION BY THE COURT

The Court relied on the recorded monetary-limit submission. Its short reasoning concerns whether Revenue’s appeal should proceed under the cited litigation circulars; it contains no adjudication approving a deduction, cancelling a reassessment or deciding the underlying addition.

Source: PDF p. 2

3. JUDICIAL DECISION

Both identified appeals were dismissed on the recorded low-tax-effect basis.

Source: PDF p. 2

4. OUTCOME

Respondent assessee retained the benefit of Revenue’s appeal ending on monetary limits; no substantive High Court tax ruling was made.

Source: PDF p. 2

5. Expert Comments

AKHB editorial analysis, distinct from the Court’s findings.

Read the reason for disposal before relying on the result

The result in ITA 247/2026 and ITA 248/2026 rests on the tax-effect submission under the two identified circulars. It does not supply a merits precedent on the underlying assessment, even though it ends this Revenue appeal.

Source: PDF p. 2

Do not fill gaps with assumed assessment facts

The original does not identify an assessment year, detailed tax computation or the provision governing the underlying addition. Those details cannot responsibly be supplied from a filename, another case or a generic reassessment template.

Source: PDF p. 1

Common disposal does not merge taxpayer identity

ITA 247/2026 concerns Janak Raj Gupta; ITA 248/2026 concerns Janak Raj Gupta and Company. Both dockets remain in this note and must not be collapsed into another same-name appeal.

Source: PDF p. 1