Itxa/1327/2013 Of The Commissioner Of Income Tax -5 v. Garware Wall Ropes Ltd
High Court
26 Jul 2017 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Itxa/1327/2013 Of The Commissioner Of Income Tax -5 v. Garware Wall Ropes Ltd
Date of order
26 Jul 2017
Assessment year(s)
—
Outcome
Other
Case summary
In Itxa/1327/2013 Of The Commissioner Of Income Tax -5 v. Garware Wall Ropes Ltd, the High Court (2017) decided the matter.
Decision: 3The appeals are disposed of as withdrawn.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
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.1327 OF 2013WITH
INCOME TAX APPEAL NO.1408 OF 2014
THE COMMISSIONER OF INCOME TAX-5
)...APPELLANT
V/s.
GARWARE WALL ROPES LTD.)...RESPONDENT
Mr.Tejveer Singh, Advocate for the Appellant in ITXA No.1327 of 2013.
Mr.N.C.Mohanty, Advocate for the Appellant in ITXA No.1408 of 2014.
Mr.Shashank D. i/b. Mr.Rahul Hakani, Advocate for the Respondent.
CORAM:S.V.GANGAPURWALA &A. M. BADAR, JJ.
DATE:26[th] JULY 2017
P.C. :
1These appeals relate to the Assessment Year 2008-2009 and 2009-2010. In these appeals, it is submitted that the tax effect is less than Rs.20 lakh.
avk 1/2
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 effect is less than Rs.20 lakh. The learned counsel for the appellant seeks leave to withdraw the appeals.
3The appeals are disposed of as withdrawn. No costs. Court fees as per Rules be refunded.
(A. M. BADAR, J.)
(S.V.GANGAPURWALA, J.)
avk 2/2
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