Ita/56/2018 Of Principal Commissioner Of Income Tax 1 v. M/S Shree Developers
High Court
05 Sep 2022 In favour of: Assessee
Forum / Bench
High Court · mphc_db_jbp
Parties
Ita/56/2018 Of Principal Commissioner Of Income Tax 1 v. M/S Shree Developers
Date of order
05 Sep 2022
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Ita/56/2018 Of Principal Commissioner Of Income Tax 1 v. M/S Shree Developers, the High Court (2022) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
1
IN THE HIGH COURT OF MADHYA PRADESHAT JABALPURBEFORE
HON'BLE SHRI JUSTICE SHEEL NAGU
&HON'BLE SHRI JUSTICE VIRENDER SINGHON THE 5[th] OF SEPTEMBER, 2022
INCOME TAX APPEAL No. 56 of 2018
Between:-
PRINCIPAL COMMISSIONER OF INCOME TAX-1,THOURGH JABALPUR, DISTRICT JABALPUR(MADHYA PRADESH)
.....APPELLANT
(BY SHRI SANJAY LAL - ADVOCATE )
AND
M/S SHREE DEVELOPERS,2632, WRIGHT TOWN, JABALPUR, DISTRICTJABALPUR (MADHYA PRADESH)
(BY SHRI SAPAN USRETHE - ADVOCATE )
.....RESPONDENT
This appeal coming on for admission this day, JUSTICE SHEEL
NAGU passed the following:
ORDER
Learned senior standing counsel for the Revenue/appellant has produceda letter dated 23.08.2022 of the Assistant Commissioner of Income Tax, Circle-2(1), Jabalpur informing that the tax effect in the present case is Rs.34,76,250/-which is below the mandatory limit prescribed by the Board's CircularNo.17/2019 dated 08.08.2019.
In view of the above instruction received, learned counsel for theappellant seeks and is permitted to withdraw this appeal which is accordinglydismissed as withdrawn.
The letter dated 23.08.2022 be placed on record.
(SHEEL NAGU)JUDGE
@shish
(VIRENDER SINGH)JUDGE
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