Iapl/63/2005 Of The Commissioner Of Income Tax And Another v. M/S Microfin Securities P Ltd
High Court
26 Aug 2019 In favour of: Assessee
Forum / Bench
High Court · cisdb_16012018
Parties
Iapl/63/2005 Of The Commissioner Of Income Tax And Another v. M/S Microfin Securities P Ltd
Date of order
26 Aug 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Iapl/63/2005 Of The Commissioner Of Income Tax And Another v. M/S Microfin Securities P Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: This appeal is, therefore, dismissed as not maintainable in view of the Circular No.17/2019of F.No.279/Misc.142/2007-ITJ(Pt.), dated8.8.2019 Government of India, Ministry ofFinance, Department of Revenue, Central Boardof Direct Taxes Judicial Section.
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. - 63 of 2005
Appellant :- The Commissioner Of Income Tax And AnotherRespondent :- M/S Microfin Securities P LtdCounsel for Appellant :- Praveen Kumar
Counsel for Respondent :- Ashish Bansal,S.K. Garg
Hon'ble Bharati Sapru,J.Hon'ble Rohit Ranjan Agarwal,J.
Heard Sri Praveen Kumar, learned Counsel for
the appellant and Sri Ashish Bansal, learnedCounsel for the assessee.
Learned counsel for the assessee states that in
view of the circular issued by the Government ofIndia, the tax effect involved in this appeal isbelow monetary limit.
This appeal is, therefore, dismissed as not
maintainable in view of the Circular No.17/2019of F.No.279/Misc.142/2007-ITJ(Pt.), dated8.8.2019 Government of India, Ministry ofFinance, Department of Revenue, Central Boardof Direct Taxes Judicial Section.
Order Date :- 26.8.2019
S.P.
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