In Ita/207/2017 Of Principal Commissioner Of Income Tax I v. M/S Indorie Foot Care Pvt. Ltd, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: On due consideration of the Circular dated 10.12.2015,we allow IA No.4137/18 and the appeal is dismissed leavingthe law questions open.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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HIGH COURT OF M.P: BENCH AT INDORE
ITA NO.207/17
25.06.2018 (INDORE):
Parties through their counsel.
Heard on IA No.4137/18.
It is not in dispute that the tax liability of the
respondent is less than Rs.20 lacs.
On due consideration of the Circular dated 10.12.2015,we allow IA No.4137/18 and the appeal is dismissed leavingthe law questions open.
(P.K.JAISWAL) J U D G E
(S.K.AWASTHI) J U D G E
hk/
Digitally signed by Hari Kumar
Nair
Date: 2018.06.26 11:46:34 -07'00'
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