In Ita/71/2017 Of Commissioner Of Income Tax-Ii v. M/S Assam Roofing Ltd, the High Court (2017) decided the matter.
Decision: In view of the above submission made by the appellant’s lawyer, the Appeal is disposed of as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
ITA 71/2017BEFORE
HON’BLE MR. JUSTICE HRISHIKESH ROYHON’BLE MR. JUSTICE NELSON SAILO
(Hrishikesh Roy, J)
This Appeal is filed under Section 260(A) of the Income Tax, 1961 by the CIT to challenge the verdict of the Income Tax Appellate Tribunal. However Mr. S. Sharma, the learned Standing Counsel for the Income Tax Department refers to the Circular No.21/2015, dated 10.12.2015 to submit that since the taxable amount in thepresent case is less than Rs.20 lakh, the appellant is under instruction to withdraw the Appeal.
In view of the above submission made by the appellant’s lawyer, the Appeal is disposed of as not pressed.
The concerned copy of the Circular No.21/2015, dated 10.12.2015 be kept in the case record.
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