In Itxa/1329/2014 Of The Commissioner Of Income-Tax-I v. M/S Preetam Enterprises, the High Court (2017) decided the matter.
Decision: 3.Be that as it may, we dismiss all the three appeals on account of non-prosecution.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.1329 OF 2014WITHINCOME TAX APPEAL NO.1330 OF 2014WITHINCOME TAX APPEAL NO.1331 OF 2014
The Commissioner of Income Tax-IVersusM/s. Preetam Enterprises
..Appellant
..Respondent
None for the Appellant.
...........
..........
CORAM: M. S. SANKLECHA & A. K. MENON, JJ.
P.C.
DATE : 24[th] JANUARY, 2017
1.These three appeals relate to Assessment Years 2007-08, 2008-09 and 2009-2010.
2.None appears for the Revenue. It appears that the Revenue is not interested in prosecuting the three appeals as the tax effect involved in all the three appeals is less than the threshold limit of Rs.20 lakhs provided in CBDT Circular no.21 of 2015 dated 10[th] December, 2015.
3.Be that as it may, we dismiss all the three appeals on account of non-prosecution.
(A. K. MENON, J.)
(M. S. SANKLECHA, J.)
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