Itxa/1004/2008 Of The Commissioner Of Income Tax-8 Mumbai v. M/S. Paranjape Griha Nirman Private Limited
High Court
13 Aug 2018 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/1004/2008 Of The Commissioner Of Income Tax-8 Mumbai v. M/S. Paranjape Griha Nirman Private Limited
Date of order
13 Aug 2018
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/1004/2008 Of The Commissioner Of Income Tax-8 Mumbai v. M/S. Paranjape Griha Nirman Private Limited, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, Appeal is dismissed as withdrawn.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
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 1004 OF 2008
The Commissioner of Income Tax-8….AppellantV/s.M/s. Paranjape Griha Nirman Pvt. Ltd....Respondent
* * * * * *
Mr. Suresh Kumar, Advocate for the appellant.
Mr. B.G. Yewale I/by. Rajesh Shah & Co., Advocate for the respondent.
Coram : M.S. Sanklecha, &
Sandeep K. Shinde, JJ.
Monday, 13th August, 2018.
P.C. :
1.This Appeal relates to Assessment Year 1999-
00.
2.
Mr. Suresh Kumar, Learned Counsel appearing
for the Revenue invited our attention to Circular No.3 of2018 dated 11[th] July, 2018 issued by the Central Board forDirect Tax (CBDT). The above Circular directs the Officers
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of the Revenue not to file appeals to the High Court wherethe tax effect does not exceed Rs.50 lakhs. It also directs itsOfficers to withdraw/not press its pending appeals wherethe tax effect is less than Rs.50 lakhs. This, of course, if itdoes not fall in the excluded class of appeals listed therein.
3. In view of the Circular No.3 of 2018 dated 11[th]
July, 2018 issued by the CBDT, Mr. Suresh Kumar LearnedCounsel appearing for the Revenue, on instructions of Mr.Mr. K.K. Singh, Principal Commissioner of Income-Tax,seeks to withdraw this Appeal.
4. Accordingly, Appeal is dismissed as withdrawn.
5.
Refund of court-fees as per Rules.
(SANDEEP K. SHINDE, J) (M.S. SANKLECHA, J)NeetaDigitally signedby NeetaShaileshShailesh SawantDate:Sawant2018.08.1611:43:48 +0530
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