In Ita/60/2005 Of The Commissioner Of Income Tax Indore v. M/S Leybold Haraeus Gambh, the High Court (2016) decided the matter.
Decision: 20,00,000/-, in view of the Circulardated 10[th] December, 2015, issued under the signatureof Commissioner of Income Tax (AJ), C.B.D.T.,Government of India, New Delhi, which is placed onrecord, this appeal is disposed of leaving questions oflaw open.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
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I. T. A. No. 60 of 2005
03/02/2016
Shri R.L. Jain, learned Senior Counsel with Ms.Veena Mandlik, Advocate for the appellant.
Since the monetary limit involved in this appealpertaining to Assessment period 1987-88 and 1988-89is less than Rs. 20,00,000/-, in view of the Circulardated 10[th] December, 2015, issued under the signatureof Commissioner of Income Tax (AJ), C.B.D.T.,Government of India, New Delhi, which is placed onrecord, this appeal is disposed of leaving questions oflaw open.
(P. K. Jaiswal)Judge
(J. K. Jain) Judge
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