In Ita/62/2005 Of Comnr.of Income Taxc v. Kundanlal Poddar, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.
Decision: 16.03.2017 In view of the Memo dated 16.3.2017 filed by the learned Sr.Standing counsel for Income Tax Department seeking withdrawal of the appeal since the tax effect involved in the present appeal is below the monetary limit according to the Circular issued by the CBDT, this appeal is dismissed as...
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
I.T.A. No.62 of 2005
04. 16.03.2017 In view of the Memo dated 16.3.2017 filed by the learned Sr.Standing counsel for Income Tax Department seeking withdrawal of the appeal since the tax effect involved in the present appeal is below the monetary limit according to the Circular issued by the CBDT, this appeal is dismissed as withdrawn. Free copy of this order be handed over to the learned counsel for the revenue.
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I. Mahant
y,J.
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Biswajit Moha
nty,J.
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