Itta/242/2010 Of The Commissioner Of Income Tax-Iii v. M/S.sarbus Software Sollution [Pvt] Ltd
High Court
13 Jun 2016 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/242/2010 Of The Commissioner Of Income Tax-Iii v. M/S.sarbus Software Sollution [Pvt] Ltd
Date of order
13 Jun 2016
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itta/242/2010 Of The Commissioner Of Income Tax-Iii v. M/S.sarbus Software Sollution [Pvt] Ltd, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: Granting liberty as sought for, the appeal is dismissed aswithdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HON’BLE SRI JUSTICE RAMESH RANGANATHANANDTHE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY
I.T.T.A.No.242 of 2010
JUDGMENT:(per Hon’ble Sri Justice Ramesh Ranganathan)
Sri B.Narasimha Sarma, learned Senior Standing Counsel forthe Income Tax Department, would submit that, in terms of CBDTCircular No.21 of 2015 dated 10.12.2015, all appeals, where the taxeffect is below Rs.20,00,000/-, are required to be withdrawn and, asthe value of the present appeal is less than Rs.20,00,000/-, theappellant may be permitted to withdraw the appeal. Learned counselwould further submit that liberty may be granted, in case it were to befound later that the subject matter of the appeal falls within theexceptions mentioned in the aforesaid Circular issued by the CentralBoard, to file an application for restoration of the appeal.
Granting liberty as sought for, the appeal is dismissed aswithdrawn. The miscellaneous petitions pending, if any, shall alsostand dismissed. There shall be no order as to costs.
_____________________________
RAMESH RANGANATHAN, J
Date:13.06.2016RRB
___________________________________
M. SATYANARAYANA MURTHY, J
THE HON’BLE SRI JUSTICE RAMESH RANGANATHAN
AND
THE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY
RRB
I.T.T.A.No.242 of 2010
Date:13.06.2016
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