Commissioner Of Income Tax-16, Mumbai 400 007 … v. M/S Shyam Co-Op. Hsg. Society Ltd., Mumbai 400 026 …
High Court
11 Feb 2016 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Commissioner Of Income Tax-16, Mumbai 400 007 … v. M/S Shyam Co-Op. Hsg. Society Ltd., Mumbai 400 026 …
Date of order
11 Feb 2016
Assessment year(s)
2008-09
Outcome
Dismissed
Case summary
In Commissioner Of Income Tax-16, Mumbai 400 007 … v. M/S Shyam Co-Op. Hsg. Society Ltd., Mumbai 400 026 …, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.Accordingly, the Appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.57 OF 2015
Commissioner of Income Tax-16,Mumbai 400 007 … Appellantv/sM/s Shyam Co-op. Hsg. Society Ltd., Mumbai 400 026 … Respondent
Mr Ashok Kotangale i/b Ms Padma Divakar for Appellant. Ms Aasifa Khan for Respondent.
CORAM : M.S. SANKLECHA AND B.P. COLABAWALLA JJ. DATE : 11TH FEBRUARY, 2016
P.C.:-
1.This Appeal relates to Assessment Year 2008-09. Mr Kotangale, learned counsel for the Revenue states that the tax effect in the present Appeal as indicated in para 12 of the Appeal Memo is Rs.17.77 lakhs. He further states that in view of the Central Board of Direct Tax Circular No.21/15 dated 10[th ]December 2015, the tax effect being less than the threshold limits of Rs.20 lakhs provided therein for challenging an order of the Tribunal before this Court, he does not press the present
Appeal.
2.Accordingly, the Appeal is dismissed as not pressed. Refund of Court fees as per Rules.
(B.P.COLABAWALLA, J.) (M.S. SANKLECHA, J.)
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