Case Law › High Court › Commissioner Of Income Tax-4 v. M/S. Mah...

Commissioner Of Income Tax-4 v. M/S. Maheshwari Shares & Stock Brokers Pvt. Ltd

High Court 01 Sep 2015 In favour of: Assessee

Forum / Bench

High Court · newos

Parties

Date of order

01 Sep 2015

Assessment year(s)

—

Outcome

Dismissed

Case summary

In Commissioner Of Income Tax-4 v. M/S. Maheshwari Shares & Stock Brokers Pvt. Ltd, the High Court (2015) dismissed the appeal. The decision went in favour of the assessee.

Decision: 2)Therefore, the Appeal is dismissed as withdrawn.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

The order — as passed by the High Court

ASN IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1651 OF 2013 Commissioner of Income Tax-4. ...Appellant. vs. M/s. Maheshwari Shares & Stock Brokers Pvt. Ltd....Respondent. Mr.Ashok N. Kotangle with Mr.Arun D. Nagarjun i/by Mrs. Padma Divakar for the Appellant.Mr. Nishit Gandhi i/by Mr. Vipul Joshi for the Respondent. CORAM : M.S.SANKLECHA AND G.S.KULKARNI, JJ. DATE : 01 SEPTEMBER, 2015 PC: Mr. Kotangle, learned counsel appearing for the revenue upon instructions seeks to withdraw the appeal. Mr. Kotangle, learned counsel states that by a communication dated 31 August 2015 from the office of the Assistant Commissioner of Income Tax, he has been instructed to withdraw the appeal. This is in view of low tax effect as prescribed by the CBDT Instructions Nos. 3/2011 and 5/2014. Copy of the communication dated 31 August 2015 is taken on record and ASN marked “X” for identification. 2)Therefore, the Appeal is dismissed as withdrawn. (G.S.KULKARNI, J.) (M.S. SANKLECHA, J.)

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