Itta/686/2006 Of The Commissioner Of Income Tax v. M/S. Alkali Metals Limited
High Court
08 Mar 2016 In favour of: Assessee
Forum / Bench
High Court · taphc
Parties
Itta/686/2006 Of The Commissioner Of Income Tax v. M/S. Alkali Metals Limited
Date of order
08 Mar 2016
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itta/686/2006 Of The Commissioner Of Income Tax v. M/S. Alkali Metals Limited, 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Decision: Permission is accorded and the appeal is dismissed as withdrawn.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
THE HON’BLE SRI JUSTICE RAMESH RANGANATHAN
AND
THE HON’BLE SRI JUSTICE M.SATYANARAYANA MURTHY
I.T.T.A.No.686 of 2006
ORDER:(per Hon’ble Sri Justice Ramesh Ranganathan)
In this appeal, Sri J.V.Prasad, learned Senior Standing Counsel for the Income TaxDepartment, has submitted a letter from the Income Tax Department requesting himto withdraw their appeal, in view of the circular instructions issued by the CentralBoard of Direct Taxes in Circular No.21 of 2015 dated 10.12.2015 whereby theappeals, whose monetary limit is below Rs.20,00,000/-, were required to bewithdrawn. Learned Senior Standing Counsel requests that the appellant may bepermitted to withdraw the appeal.
Permission is accorded and the appeal is dismissed as withdrawn. Themiscellaneous petitions pending, if any, shall also stand dismissed. There shall beno order as to costs.
_____________________________
RAMESH RANGANATHAN, J
08[th] March, 2016
___________________________________
M. SATYANARAYANA MURTHY, J
Tsy
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