Itta/210/2007 Of The Commissioner Of Income Tax -Iii v. M/S. V.j.equitment Ltd
High Court
14 Mar 2016 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/210/2007 Of The Commissioner Of Income Tax -Iii v. M/S. V.j.equitment Ltd
Date of order
14 Mar 2016
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/210/2007 Of The Commissioner Of Income Tax -Iii v. M/S. V.j.equitment Ltd, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: Permission is accorded and the appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
ZTHE HON’BLE SRI JUSTICE RAMESH RANGANATHANAND
THE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY
I.T.T.A.No.210 of 2007
ORDER:(per Hon’ble Sri Justice Ramesh Ranganathan)
Sri B.Narasimha Sarma, learned Senior Standing Counsel for theIncome Tax Department, would submit that in terms of CBDT CircularNo.21 of 2015 dated 10.12.2015, all appeals, where the tax effect is belowRs.20,00,000/-, are required to be withdrawn and, as the value of thepresent appeal is less than Rs.20,00,000/-, the appellant may bepermitted to withdraw the appeal.
Permission is accorded and the appeal is dismissed as withdrawn. The miscellaneous petitions pending, if any, shall also stand dismissed.There shall be no order as to costs.
_____________________________
RAMESH RANGANATHAN, J
Date:14.03.2016JSU
___________________________________
M. SATYANARAYANA MURTHY, J
THE HON’BLE SRI JUSTICE RAMESH RANGANATHAN
AND
THE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY
JSU
I.T.T.A.No. 210 of 2007
Date:14.03.2016
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