Ita/58/2006 Of Commissioner Of Income Tax v. Hind Synthetics Ltd
High Court
17 Sep 2018 In favour of: Unclear
Forum / Bench
High Court · mphc_db_ind
Parties
Ita/58/2006 Of Commissioner Of Income Tax v. Hind Synthetics Ltd
Date of order
17 Sep 2018
Assessment year(s)
—
Outcome
Other
Case summary
In Ita/58/2006 Of Commissioner Of Income Tax v. Hind Synthetics Ltd, the High Court (2018) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
HIGH COURT OF MADHYA PRADESH :INDORE BENCH ITA. No.58/2006
Indore dated :17.09.2018
Ku. Veena Mandlik, learned counsel for the appellant.
Shri D.S. Kale, learned counsel for the respondent.
Heard on I.A. No.6595/2018, an application fordismissal of the appeal.
As per memo, the tax effect in this appeal is Rs.38.50Lakhs, which is less than the monetary limit fixed by theCBDT Circular No.03 dated 11/07/2018.
Since the monetary limit involved in this appealpertaining to Assessment period 1996-97 is less thanRs.50,00,000/-, in view of the Circular No.03 of 2018, dated11th July, 2018, issued under the signature of Commissionerof Income Tax (AJ), C.B.D.T., Government of India, NewDelhi, which is placed on record, this appeal is disposed ofleaving questions of law open.
Accordingly, I.A. No.6595/2018 stands disposed of.
(P.K. Jaiswal ) Judge
(Vivek Rusia) Judge
pn
Preetha Nair
2018.09.18
14:11:18 +05'30'
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