Itxa/1092/2013 Of Commissioner Of Income Tax -6 v. Ernst And Young Merchant Banking Services Pvt. Ltd
High Court
26 Jul 2017 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Itxa/1092/2013 Of Commissioner Of Income Tax -6 v. Ernst And Young Merchant Banking Services Pvt. Ltd
Date of order
26 Jul 2017
Assessment year(s)
2001-2002
Outcome
Other
The order — as passed by the High Court
Case summary
In Itxa/1092/2013 Of Commissioner Of Income Tax -6 v. Ernst And Young Merchant Banking Services Pvt. Ltd, the High Court (2017) decided the matter.
Decision: 3 The appeal is disposed of as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.1092 OF 2013
COMMISSIONER OF INCOME TAX-6
)...APPELLANT
V/s.
ERNST & YOUNG MERCHANT BANKING)SERVICES PVT. LTD.)...RESPONDENT
Mr.Suresh Kumar a/w. Ms.Samiksha Kanani, Advocate for the Petitioner.
Mr.Jas Sanghvi i/b. PDS Legal, Advocate for the Respondent.
CORAM:S.V.GANGAPURWALA &A. M. BADAR, JJ.
DATE
:26[th] JULY 2017
P.C. :
1This appeal relates to the Assessment Year 2001-2002. In this appeal, it is submitted that the tax effect is less than Rs.20 lakh.
2In light of the above, and in view of CBDT Circular No.21 of 2015, dated 10th December 2015, the department has taken policy decision not to prosecute the appeals where the tax
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effect is less than Rs.20 lakh. The learned counsel for the appellant seeks leave to withdraw the appeal.
3
The appeal is disposed of as withdrawn. No costs.
Court fees as per Rules be refunded.
(A. M. BADAR, J.)
(S.V.GANGAPURWALA, J.)
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