Itta/154/2012 Of Commissioner Of Income Tax-I v. M/S.bdr Projects Pvt Ltd
High Court
29 Feb 2016 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/154/2012 Of Commissioner Of Income Tax-I v. M/S.bdr Projects Pvt Ltd
Date of order
29 Feb 2016
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itta/154/2012 Of Commissioner Of Income Tax-I v. M/S.bdr Projects Pvt Ltd, the High Court (2016) 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 HON’BLE SRI JUSTICE RAMESHRANGANATHAN
AND
THE HON’BLE SRI JUSTICE M.SATYANARAYANAMURTHY
I.T.T.A.No.154 of 2012
ORDER:(per Hon’ble Sri Justice Ramesh Ranganathan)
Sri J.V.Prasad, learned Senior Standing Counsel forthe Income Tax Department, would submit that in termsof CBDT Circular No.21 of 2015 dated 10.12.2015, allappeals, where the tax effect is below Rs.20,00,000/-, arerequired to be withdrawn and, as the value of thepresent appeal is less than Rs.20,00,000/-, the appellantmay be permitted to withdraw the appeal.
Permission is accorded and the appeal is dismissedas withdrawn. The miscellaneous petitions pending, ifany, shall also stand dismissed. There shall be no orderas to costs.
_____________________________
RAMESH RANGANATHAN, J
Date: 29.02.2016
v v
___________________________________
M. SATYANARAYANA MURTHY, J
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