In Itta/394/2014 Of Commissioner Of Income Tax-Ii v. M/S. Gati Limited, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: In view of the notification issued adopting National LitigationPolicy this appeal is dismissed, as the amount involved herein is belowthe stipulated amount.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT HYDERABADFOR THE STATE OF TELANGANA AND THE STATE OF ANDHRAPRADESH
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTA
AND
THE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. No. 394 of 2014
Date: 24.07.2014
Between:
Commissioner of Income Tax-II,Hyderabad.
… Appellant
And
M/s. Gati Limited,Secunderabad.
… Respondent
This Court made the following:
THE HON’BLE THE CHIEF JUSTICE SRI KALYAN JYOTI SENGUPTAANDTHE HON’BLE SRI JUSTICE SANJAY KUMAR
I.T.T.A. No. 394 of 2014
JUDGMENT:(Per the Hon’ble The Chief Justice Sri Kalyan Jyoti Sengupta)
The revenue involved in this matter is admittedly less than Rs.10lakhs.
In view of the notification issued adopting National LitigationPolicy this appeal is dismissed, as the amount involved herein is belowthe stipulated amount. No order as to costs.
___________________
K.J. SENGUPTA, CJ
___________________
SANJAY KUMAR, J
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