Commissioner Of Income Tax v. M/S.unichem Laboratories Ltd
High Court
20 Mar 2007 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Commissioner Of Income Tax v. M/S.unichem Laboratories Ltd
Date of order
20 Mar 2007
Assessment year(s)
—
Outcome
Other
The order — as passed by the High Court
Case summary
In Commissioner Of Income Tax v. M/S.unichem Laboratories Ltd, the High Court (2007) decided the matter.
Decision: In view thereof, we dismiss the aboveApplication.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPLICATION NO.66 OF 2002
Commissioner of Income Tax
Vs.
M/s.Unichem Laboratories Ltd.
..Applicant
..Respondent
Mr.B.M.Chatterjee with Ms.P.P.Bhosale for theApplicant.Mr.A.K.Jasani i/b.Ashok Bhogani & Co. for theRespondent.
CORAM :- DR.S.RADHAKRISHNAN &V.C.DAGA, JJ.DATE : 20TH MARCH, 2007P.C.1.Heard the learned Counsel for the parties.The learned Counsel for the Respondent pointed outthat the tax effect is only Rs.3,33,000/- in theabove. In view of the circular dated 24thOctober,2005 issued by the Government of India,Ministry of Finance, Department of Revenue, CBDT,wherein it is clearly stated that an Appeal underSection 260A not to be entertained, if it is belowRs.4,00,000/-. The said circular is binding on the
Revenue. In view thereof, we dismiss the aboveApplication.
(V.C.DAGA,J.)
(V.C.DAGA,J.)
(V.C.DAGA,J.)
(DR.S.RADHAKRISHNAN,J.)
(DR.S.RADHAKRISHNAN,J.)
(DR.S.RADHAKRISHNAN,J.)
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