Iapl v. M/S Shri Lakshmi Cotsyn Limited Kanpur Nagar
High Court
22 Aug 2019 In favour of: Assessee
Forum / Bench
High Court · cisdb_16012018
Parties
Iapl v. M/S Shri Lakshmi Cotsyn Limited Kanpur Nagar
Date of order
22 Aug 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Iapl v. M/S Shri Lakshmi Cotsyn Limited Kanpur Nagar, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: This appeal is, therefore, dismissed as notmaintainable in view of the Circular Nos.17/2019of F.No.279/Misc.142/2007-ITJ(Pt.), dated8.8.2019 and F.No.279/Misc./M-93/2018-ITJ,dated 20.8.2019 Government of India, Ministryof Finance, Department of Revenue, CentralBoard of Direct Taxes.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
Case :- INCOME TAX APPEAL No. - 328 of 2016
Appellant :- Commissioner Of Income Tax-Ii Kanpur NagarRespondent :- M/S Shri Lakshmi Cotsyn Limited Kanpur NagarCounsel for Appellant :- Krishna AgarawalCounsel for Respondent :- Ashish Bansal,Ashish Bansal
Hon'ble Bharati Sapru,J.Hon'ble Rohit Ranjan Agarwal,J.
Shri Krishna Agarwal, learned counsel for the
department, states that in view of the newcirculars issued by the Government of India, thetax effect involved in this appeal is belowmonetary limit.
This appeal is, therefore, dismissed as notmaintainable in view of the Circular Nos.17/2019of F.No.279/Misc.142/2007-ITJ(Pt.), dated8.8.2019 and F.No.279/Misc./M-93/2018-ITJ,dated 20.8.2019 Government of India, Ministryof Finance, Department of Revenue, CentralBoard of Direct Taxes.
Order Date :- 22.8.2019AKJ
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