Itxa/130/2016 Of The Principal Commissioner Of Income Tax-8 v. M/S. Starflex Sealing India Pvt.ltd
High Court
03 Aug 2018 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/130/2016 Of The Principal Commissioner Of Income Tax-8 v. M/S. Starflex Sealing India Pvt.ltd
Date of order
03 Aug 2018
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/130/2016 Of The Principal Commissioner Of Income Tax-8 v. M/S. Starflex Sealing India Pvt.ltd, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
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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ITXA-130-2016ITXA-151-2016
Friday, 3.8.2018
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX APPEAL NO. 130 OF 2016ALONGWITHINCOME TAX APPEAL NO. 151 OF 2016
The Pr. Commissioner of
Income Tax-8
….Appellant
V/s.
M/s. Starflex Sealing IndiaPvt. Ltd. ….Respondent
* * * *
Mr. N.C. Mohanty, Advocate for the appellant.
CORAM : M.S. SANKLECHA, &SANDEEP K. SHINDE, JJ.
FRIDAY, 3RD AUGUST, 2018.
P.C. :
1. These Appeals first came up for hearing on27[th] June, 2018. At that time, certain orders werepassed and the appeals were adjourned. Thereafter, on2[nd] August, 2018 further a common order was passed in
these appeals alongwith Income Tax Appeal No. 293 of
2016.
Today, Mr. Mohanty Learned Counsel for the
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Revenue seeks to withdraw both these appeals in viewof the Central Board of Direct Taxes (CBDT) issued aCircular No.3 of 2018 dated 11[th] July, 2018. The aboveCircular directed the Revenue Officers not to pressappeals were the tax effect involved in less than Rs.50lacs.
3. Mr. Mohanty, Learned Counsel appearing insupport of the Appeal, states that as the tax effectinvolved in both the Appeals are less than Rs.50 lakhs,he has been instructed by the Principal Commissionerof Income Tax to withdraw both these Appeals.
4. Accordingly, both the Appeals are dismissedas withdrawn.
5. Refund of court-fees as per Rules.
(SANDEEP K. SHINDE, J)
(M.S. SANKLECHA, J)
NeetaDigitally signedby NeetaShaileshShailesh SawantDate:Sawant2018.08.0714:57:49 +0530
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