Asstt. Commissioner Of Income Tax, Circle-2, Patna v. Cachet Pharmaceuticals Pvt. Limited, Exhibition Road, Patna

IN THE HIGH COURT OF JUDICATURE AT PATNAMiscellaneous Appeal No.154 of 2006 ====================================================== 1.Commissioner Of Income –Tax-I, Central Revenue Building, Birchand Patel Marg, Patna 2.Asstt. Commissioner of Income Tax, Circle-2, Patna .... .... Appellant/s Versus Cachet Pharmaceuticals Pvt. Limited, Exhibition Road, Patna .... .... Respondent/s ====================================================== Appearance : For the Appellant/s : Mr Harshwardhan Prasad, Sr. Standing Counsel Mrs. Archana Sinha, Advocate For the Respondent/s : Mr Manish Rastogi, Advocate ====================================================== CORAM: HONOURABLE MR. JUSTICE SHIVA KIRTI SINGHand HONOURABLE MR. JUSTICE SHIVAJI PANDEY ORAL ORDER (Per: HONOURABLE MR. JUSTICE SHIVA KIRTI SINGH) 5 04-10-2012 Learned counsel for the appellants i.e. for the Revenue fairly admits that the tax effect involved in this appeal is much below Rs.four lakhs and hence, this appeal should not have been preferred in view of instructions issued by the Central Board of Direct Taxes dated 24.10.2005. In that view of the matter, this appeal is dismissed. (Shiva Kirti Singh, J) (Shivaji Pandey, J) sk