Ita/711/2015 Of Pr.commissioner Of Income Tax -5 v. M/S Lawrence Distributors Pvt Ltd
High Court
03 Jan 2017 In favour of: Assessee
Forum / Bench
High Court · dhcdb
Parties
Ita/711/2015 Of Pr.commissioner Of Income Tax -5 v. M/S Lawrence Distributors Pvt Ltd
Date of order
03 Jan 2017
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Ita/711/2015 Of Pr.commissioner Of Income Tax -5 v. M/S Lawrence Distributors Pvt Ltd, the High Court (2017) 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.
The order — as passed by the High Court
$~48
*IN THE HIGH COURT OF DELHI AT NEW DELHI
+ITA 711/2015
PR.COMMISSIONER OF INCOME TAX -5
..... Appellant
Through:Ms. Vibhooti Malhotra, Advocate.VersusM/S LAWRENCE DISTRIBUTORS PVT LTD...... RespondentThrough:None.
CORAM:
HON'BLE MR. JUSTICE S. RAVINDRA BHATHON'BLE MR. JUSTICE NAJMI WAZIRIO R D E R%03.01.2017
We notice that the tax effect in this case is `5,83,752/-, the subjectmatter will below the prescribed limit of `20,00,000/- in terms of CircularNo.21/2015 dated 10.12.2015. Other composite appeals were also dismissedby this Court on 18.12.2016. In the circumstances, this appeal is dismissed;liberty is granted to the Revenue to move an appropriate application if forsome reason it is later discern that the tax falls within any exceptionmentioned in the Circular.
S. RAVINDRA BHAT, J.
JANUARY 03, 2017sb
NAJMI WAZIRI, J.
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue