D. B. Income Tax Appeal v. M/S Maharana Mewar Charitable Foundation
High Court
27 Apr 2016 In favour of: Assessee
Forum / Bench
High Court · rhcjodh240618
Parties
D. B. Income Tax Appeal v. M/S Maharana Mewar Charitable Foundation
Date of order
27 Apr 2016
Assessment year(s)
—
Outcome
Dismissed
Case summary
In D. B. Income Tax Appeal v. M/S Maharana Mewar Charitable Foundation, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
Rp
D. B. Income Tax Appeal No. 17/2014CIT, Udaipur Vs. M/s Maharana Mewar Charitable Foundation
Date of Order : 27/04/2016
HON'BLE MR. JUSTICE SANGEET LODHAHON'BLE MR. JUSTICE KAILASH CHANDRA SHARMA
Mr. K.K.Bissa, for the appellant.
In the instant appeal, the tax effect does not exceedthe monetary limit of Rs. 20 lacs and therefore, in view ofthe Circular No.21/2015 dated 10.12.2015 issued by theMinistry of Finance, Department of Revenue, Central Boardof Direct Taxes, Government of India, New Delhi, learnedcounsel for the Revenue wants to withdraw the appeal.
Accordingly, the appeal is dismissed as withdrawn.
(KAILASH CHANDRA SHARMA), J. (SANGEET LODHA), J.
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