Itta/110/2001 Of Commissioner Of Incometax Vizag v. Ms Vensa Biotek Ltd. Samalkot
High Court
26 Nov 2013 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/110/2001 Of Commissioner Of Incometax Vizag v. Ms Vensa Biotek Ltd. Samalkot
Date of order
26 Nov 2013
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/110/2001 Of Commissioner Of Incometax Vizag v. Ms Vensa Biotek Ltd. Samalkot, the High Court (2013) 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
HON’BLE SRI JUSTICE G. CHANDRAIAH
AND
HON’BLE SRI JUSTICE CHALLA KODANDA RAM
I.T.T.APPEAL No.110 OF 2001
JUDGMENT:- (per Hon’ble Sri Justice Challa Kodanda Ram)
Learned counsel appearing for the respondent would submitthat the total tax effect in the present appeal is Rs.85,251/- only.
2) It is not in dispute that a Division Bench of this Court in earlieroccasions refused to entertain the appeals where the tax effection isless than Rs.1,00,000/- following the circular of the Central Board ofDirect Taxes.
3) Recording the submission of the learned counsel, the appeal isdismissed. No order as to costs. Miscellaneous Petitions, if any,pending in this I.T.T.A. shall stand disposed of.
______________________
G. CHANDRAIAH,J
____________________________
CHALLA KODANDA RAM, J
Date:26.11.2013.
Gk.
HON’BLE SRI JUSTICE G. CHANDRAIAH
Gk.
AND
HON’BLE SRI JUSTICE CHALLA KODANDA RAM
I.T.T.APPEAL No.110 OF 2001
Date:26.11.2013.
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.