In Commissioner Of Income Tax - Ahmedabad - Iii v. Paras Pharmaceuticals Ltd, the High Court (2018) decided the matter.
Decision: Tax Appeals are disposed of accordingly. [Akil Kureshi, J.] Prakash [B.N Karia, J.]
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
C/TAXAP/1588/2011 ORDER
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
R/TAX APPEAL NO. 1588 of 2011With R/TAX APPEAL NO. 198 of 2012With R/TAX APPEAL NO. 284 of 2012With R/TAX APPEAL NO. 290 of 2012With R/TAX APPEAL NO. 307 of 2012With R/TAX APPEAL NO. 350 of 2012With R/TAX APPEAL NO. 407 of 2012With R/TAX APPEAL NO. 437 of 2012With R/TAX APPEAL NO. 467 of 2012With R/TAX APPEAL NO. 54 of 2012With R/TAX APPEAL NO. 604 of 2012With R/TAX APPEAL NO. 615 of 2012With R/TAX APPEAL NO. 753 of 2012With R/TAX APPEAL NO. 90 of 2012With R/TAX APPEAL NO. 925 of 2012
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COMMISSIONER OF INCOME TAX - AHMEDABAD - IIIVersusPARAS PHARMACEUTICALS LTD
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Appearance:MRS MAUNA M BHATT(174) for the PETITIONER(s) No. 1MR MANISH J SHAH for the RESPONDENT(s) No. 1
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CORAM:HONOURABLE Mr. JUSTICE AKIL KURESHIandHONOURABLE Mr. JUSTICE B.N. KARIA4[th] September 2018andHONOURABLE Mr. JUSTICE B.N. KARIA4[th] September 2018
ORAL ORDER(PER : HONOURABLE Mr. JUSTICE AKIL KURESHI)
Learned advocate Ms. Mauna Bhatt, under instructions from the Department, sought permission to withdraw these appeals since the tax effect involved in these appeals is below the minimum threshold limit provided by the CBDT in its Circular dated 11.07.2018 enabling the Department to prefer and maintain appeals before the High Court.
Permission is granted. Tax Appeals are disposed of accordingly.
[Akil Kureshi, J.]
Prakash
[B.N Karia, J.]
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