In D.b.civil Miscellaneous Application v. Mrs Urmila Loomba, the High Court (2016) allowed the appeal. The decision went in favour of the Revenue.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE FOR RAJASTHANBENCH AT JAIPUR
D.B.CIVIL MISCELLANEOUS APPLICATION NO. 511 / 2016COMMISSIONER OF INCOME TAX JAI
----Appellant
Versus
MRS URMILA LOOMBA
----Respondent
__________________________________________
For Petitioners :Anuroop Singhi, Adv.For Respondents :
__________________________________________
HON'BLE MR. JUSTICE AJAY RASTOGI
HON'BLE MR. JUSTICE J. K. RANKAJudgment / Order
09/12/2016
Matter has come up on misc. application filed for recalling ofthe order dt.22.2.2016.
Counsel submits that the appeal was decided keeping inview the Circular of CBDT dt.10.12.2015 that the tax effect wasless than 20 lacs. However, in the instant appeal the factreveals that the tax effect is more than 20 lacs and it haserroneously being included in the list of cases which weredecided by common order.
The application is allowed. The order dt.22.2.2016 isrecalled. The appeal be restored to its original number and listbefore the regular Bench holding subject roster.
(J. K. RANKA)J. (AJAY RASTOGI), J.
dsr/
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