Case LawHigh Court › Itta/574/2017 Of The Commissioner Of Inc...

Itta/574/2017 Of The Commissioner Of Income Tax (Central) v. K.v.srinivasa Rao

High Court 03 Oct 2017 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/574/2017 Of The Commissioner Of Income Tax (Central) v. K.v.srinivasa Rao
Date of order
03 Oct 2017
Assessment year(s)
Outcome
Dismissed

Case summary

In Itta/574/2017 Of The Commissioner Of Income Tax (Central) v. K.v.srinivasa Rao, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.

Decision: Therefore, the appeal is dismissed as withdrawn.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

Sections referenced in this judgment

The order — as passed by the High Court

HON’BLE SRI JUSTICE V.RAMASUBRAMANIAN AND HON’BLE SRI JUSTICE ABHINAND KUMAR SHAVILI I.T.T.A. No.574 of 2017 Judgment: (per V.Ramasubramanian, J.) The appeal is by the Revenue under Section 260A of the Income Tax Act, 1961. 2. Heard Mr. J.V. Prasad, learned Senior Standing Counsel for the Department. 3. It is seen from the order of assessment that the tax effect of the appeal is below the ceiling limit prescribed by Circular No.21/2015, dated 10-12-2015. The case does not fall under any of the exceptions indicated in paragraph-8 of the Circular. Therefore, the appeal is dismissed as withdrawn. However, the questions of law are left open. The miscellaneous petitions, if any, pending in this appeal shall stand closed. No costs. ___________________________ V.RAMASUBRAMANIAN, J. 03[rd] October, 2017. Ak _______________________________ ABHINAND KUMAR SHAVILI, J. HON’BLE SRI JUSTICE V.RAMASUBRAMANIAN AND HON’BLE SRI JUSTICE ABHINAND KUMAR SHAVILI I.T.T.A. No.574 of 2017(per VRS, J.) 03[rd] October, 2017. (Ak)
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