In Commissioner Of Income Tax v. Turquoise Investments & Financelimitedindore, Dated 21.11.2019, the High Court (2019) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HIGH COURT OF MADHYA PRADESH: BENCH AT INDORE
I.T.A. No.24/2011
Commissioner of Income Tax v/s Turquoise Investments & FinanceLimitedIndore, dated 21.11.2019
Ms. Veena Mandlik, learned counsel for theappellant.
In the present case, the tax effect is less than onecrore rupees and this Court has gone through the orderpassed by the Income Tax Appellate Tribunal. It is certainlycovered under the Circular dated 08.08.2019 i.e. CircularNo.17/2019. It is also not covered under the exceptionalclause.
In light of the aforesaid, the present appeal standsdisposed of.
Certified copy, as per rules.
(S.C. SHARMA) J U D G E
(SHAILENDRA SHUKLA) J U D G E
Ravi
Digitally signed by Ravi Prakash Date: 2019.11.21 17:46:36 +05'30'
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