In Ita/25/2006 Of Commnr.of Income Tax v. Pramod Ku.bankahuf, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the Appeal stands dismissed as withdrawn. ..
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
ITA No.25 of 2006
04. 31.03.2016 This Appeal has been filed by the Income Tax Department against the order of the Income Tax Appellate Tribunal (ITAT).
It is seen that the tax involved herein is below the threshold limit for filing of the appeal in terms of the Circular/Instruction No.1979-F.No.279/126/98-ITJ dated the 27th March, 2000 issued by the Board (CBDT).
Therefore, learned counsel for the Income Tax Department wants to withdraw the present Appeal and to that effect a memo has been filed.
Accordingly, the Appeal stands dismissed as withdrawn.
..
I.Mahan
ty, J.
.......
Dr.D.P.Choudhury, J.
Ranjan
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