In Commissioner Of Income Tax-Iii v. New Asian Textiles, the High Court (2020) decided the matter.
Decision: In view of the same, both these Tax Appeals stand disposed of, as not pressed without expressing any opinion on merits.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
R/TAX APPEAL NO. 802 of 2008
With
R/TAX APPEAL NO. 1638 of 2008
==========================================================
COMMISSIONER OF INCOME TAX-III Versus
NEW ASIAN TEXTILES
==========================================================
Appearance:MRS KALPANAK RAVAL(1046) for the Appellant(s) No. 1MRS SWATI SOPARKAR(870) for the Opponent(s) No. 1
==========================================================
CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALA
and
HONOURABLE MR. JUSTICE BHARGAV D. KARIA
Date : 21/01/2020
ORAL ORDER
(PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA)
Both these Tax Appeals are not pressed having regard to the monetary limits as prescribed in the recent instructions issued by the Government of India dated 08.08.2019.
In view of the same, both these Tax Appeals stand disposed of, as not pressed without expressing any opinion on merits.
(J. B. PARDIWALA, J)
GIRISH
(BHARGAV D. KARIA, J)
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue