D. B. Income Tax Appeal v. Urban Improvement Trust
High Court
20 Apr 2016 In favour of: Assessee
Forum / Bench
High Court · rhcjodh240618
Parties
D. B. Income Tax Appeal v. Urban Improvement Trust
Date of order
20 Apr 2016
Assessment year(s)
—
Outcome
Dismissed
Case summary
In D. B. Income Tax Appeal v. Urban Improvement Trust, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is dismissed accordingly.
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. 97/2013Commissioner of Income Tax, Bikaner
Vs.
Urban Improvement Trust
Date of Order : 20/04/2016
HON'BLE MR. JUSTICE SANGEET LODHAHON'BLE MR. JUSTICE KAILASH CHANDRA SHARMA
Mr. K.K.Bissa, for the appellant.
Mr. Sharad Kothari, for the respondent.
Learned counsel appearing for the Revenue submitsthat in the instant appeal, the tax effect does not exceed themonetary limit of Rs. 20 lacs.
In the light of Circular No.21/2015 dated 10.12.15
issued by the Ministry of Finance, Department of Revenue,Central Board of Direct Taxes, Government of India, New Delhi,no interference by this Court is called for in this appeal.
The appeal is dismissed accordingly.
(KAILASH CHANDRA SHARMA), J. (SANGEET LODHA), J.
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