Iapl/287/2016 Of Pr. Commissioner Of Income Tax Central Lucknow v. M/S Babylon Apartment Pvt. Ltd
High Court
05 Nov 2019 In favour of: Assessee
Forum / Bench
High Court · cisdb_16012018
Parties
Iapl/287/2016 Of Pr. Commissioner Of Income Tax Central Lucknow v. M/S Babylon Apartment Pvt. Ltd
Date of order
05 Nov 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Iapl/287/2016 Of Pr. Commissioner Of Income Tax Central Lucknow v. M/S Babylon Apartment Pvt. Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
Court No. - 35
Case :- INCOME TAX APPEAL No. - 287 of 2016
Appellant :- Pr. Commissioner Of Income Tax Central Lucknow
Respondent :- M/S Babylon Apartment Pvt. Ltd.Counsel for Appellant :- Ashok Kumar,Ashish AgrawalCounsel for Respondent :- Ashish Bansal,S.K.Garg
Hon'ble Bharati Sapru,J.Hon'ble Rohit Ranjan Agarwal,J.
Sri Ashish Agarwal, learned counsel forthe department states that in view of thenew circulars issued by the Governmentof India, the tax effect involved in thisappeal is below monetary limit.
This appeal is, therefore, dismissed as
not maintainable in view of the CircularNos.17/2019 of F.No.279/Misc.142/2007-ITJ(Pt.),dated8.8.2019andF.No.279/Misc./M-93/2018-ITJ,dated20.8.2019 Government of India, Ministryof Finance, Department of Revenue,Central Board of Direct Taxes. Order Date :- 5.11.2019V.S.Singh
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