Case LawHigh Court › Commissioner Of Income Tax -9 v. M/S. Ma...

Commissioner Of Income Tax -9 v. M/S. Maharashtra Oil Extraction Pvt Ltd

High Court 20 Feb 2019 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Commissioner Of Income Tax -9 v. M/S. Maharashtra Oil Extraction Pvt Ltd
Date of order
20 Feb 2019
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Commissioner Of Income Tax -9 v. M/S. Maharashtra Oil Extraction Pvt Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.

Decision: 3.In view of the above submission, the appeal is dismissed as not pressed.

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

Sections referenced in this judgment

IN THE HIGH COURT OF JUDICATURE AT BOMBAYO.O.C.J. INCOME TAX APPEAL NO. 74 OF 2015 Commissioner of Income Tax -9 ..Appellant Versus M/s. Maharashtra Oil Extraction Pvt Ltd..Respondent ................... Mr. Suresh Kumar for the Appellant Mr. Suresh Kumar for the Appellant Ms. Neelam Jadhav for the RespondentMs. Neelam Jadhav for the Respondent ................... CORAM : AKIL KURESHI & M.S. SANKLECHA, JJ. DATE : FEBRUARY 20, 2019. P.C.: 1.This Appeal under Section 260A of the Income Tax Act, 1961 (“the Act” for short) has been filed challenging the order passed by the Income Tax Appellate Tribunal. 2.The learned counsel appearing in support of the appeal, states that he hasbeen instructed to withdraw this appeal. This is for the reason that the tax effectinvolved in this appeal is less than the threshold limit of Rs. 50 Lacs as provided inCBDT Circular No. 3 of 2018 dated 11.7.2018. 3.In view of the above submission, the appeal is dismissed as not pressed. 4.Refund of court fees as per rules. [ M.S. SANKLECHA, J. ] [ AKIL KURESHI, J ]
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