Deputy Commissioner Of Income Tax, Circle-2, Jaipur v. M/S. Vastukar Colonisers, G
High Court
14 Aug 2018 In favour of: Assessee
Forum / Bench
High Court · jaipur
Parties
Deputy Commissioner Of Income Tax, Circle-2, Jaipur v. M/S. Vastukar Colonisers, G
Date of order
14 Aug 2018
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Deputy Commissioner Of Income Tax, Circle-2, Jaipur v. M/S. Vastukar Colonisers, G, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: In view of above, present appeal is dismissed in thelight of aforesaid circular.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR
D.B. Income Tax Appeal No. 159/2018
Deputy Commissioner Of Income Tax, Circle-2, Jaipur
----Appellant
Versus
M/s. Vastukar Colonisers, G 304, Geetanjali Tower, Ajmer Road,Sodala, Jaipur.
----Respondent
For Appellant(s) : Mr. Anuroop Singhi.
HON'BLE MR. JUSTICE MOHAMMAD RAFIQ HON'BLE MR. JUSTICE GOVERDHAN BARDHAR
Order
14/08/2018
Learned counsel for the appellant submits that in viewof Circular No. 3/2018 issued by Central Board of Direct Taxes,present appeal having tax effect of only Rs. 41,21,092/-, which isless than Rs. 50,00,000/- may not be maintainable.
In view of above, present appeal is dismissed in thelight of aforesaid circular.
(GOVERDHAN BARDHAR),J
(MOHAMMAD RAFIQ),J
Manoj/42
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