Itta/461/2015 Of The Commissioner Of Income-Tax-Iv v. Ravi. L. Peshwani
High Court
16 Feb 2016 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/461/2015 Of The Commissioner Of Income-Tax-Iv v. Ravi. L. Peshwani
Date of order
16 Feb 2016
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/461/2015 Of The Commissioner Of Income-Tax-Iv v. Ravi. L. Peshwani, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: I.T.T.A.M.P.No.13 of 2016 is ordered and the appeal is,accordingly, dismissed as withdrawn.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
THE HON’BLE SRI JUSTICE RAMESH RANGANATHANAND
THE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY
I.T.T.A.M.P.No.13 of 2016In/AndI.T.T.A.NO.461 of 2015
COMMON ORDER:(per Hon’ble Sri Justice Ramesh Ranganathan)
Sri J.V.Prasad, learned Senior Standing Counsel for the IncomeTax Department, would submit that, in terms of CBDT Circular No.21of 2015 dated 10.12.2015, all appeals, where the tax effect is belowRs.20,00,000/-, are required to be withdrawn and, as the value of thepresent appeal is less than Rs.20,00,000/-, I.T.T.A.M.P.No.13 of 2016is filed seeking permission to withdraw the appeal.
I.T.T.A.M.P.No.13 of 2016 is ordered and the appeal is,accordingly, dismissed as withdrawn.
The miscellaneous petitions pending, if any, shall also standdismissed. There shall be no order as to costs.
_____________________________
RAMESH RANGANATHAN, J
Date: 16.02.2016JSU
___________________________________
M. SATYANARAYANA MURTHY, J
THE HON’BLE SRI JUSTICE RAMESH RANGANATHANAND
THE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY
JSU
I.T.T.A.M.P.No.13 of 2016In/AndI.T.T.A.NO.461 of 2015
Date:16.02.2016
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