Ita/396/2004 Of Commissioner Of Income Tax Iii v. M/S Sunrays Properties And Investments (P) Ltd
High Court
12 Jan 2016 In favour of: Assessee
Forum / Bench
High Court · dhcdb
Parties
Ita/396/2004 Of Commissioner Of Income Tax Iii v. M/S Sunrays Properties And Investments (P) Ltd
Date of order
12 Jan 2016
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/396/2004 Of Commissioner Of Income Tax Iii v. M/S Sunrays Properties And Investments (P) Ltd, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: The Appeal is accordingly dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
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* IN THE HIGH COURT OF DELHI AT NEW DELHI R-274+ ITA 396/2004COMMISSIONER OF INCOME TAX-III ..... Appellant Through: Mr Kamal Sawhney, Senior Standing Counsel, Mr Raghvendra Singh, Junior Standing Counsel, Mr Shikhar Garg and Mr Sharad Agarwal, Advocates.
versus
M/S SUNRAYS PROPERTIES AND INVESTMENTS (P) LTD.
..... Respondent
Through: Mr Manu K. Giri, Advocate.
CORAM:JUSTICE S.MURALIDHAR JUSTICE VIBHU BAKHRU O R D E R% 12.01.2016
Learned counsel for the Revenue points out that the tax effect is less than Rs. 20 lakhs. He states that in view of Circular No. 21/2015 dated 10[th]December, 2015 issued by the Central Board of Direct Taxes, he does not press this appeal. The Appeal is accordingly dismissed as not pressed.
S.MURALIDHAR, J
JANUARY 12, 2016/MK
VIBHU BAKHRU, J
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