In Itxa/1543/2014 Of Commissioner Of Income Tax-18 v. M/S. Matoshree Engineers And Developers, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.Be that as it may, the appeal is dismissed for non-prosecution.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 1543 OF 2014
The Commissioner of Income Tax-18v/s.
.. Appellant
M/s. Matoshree Engineers & Developers
.. Respondent
None for the appellant Ms. Neelam Jadhav for the respondent
CORAM : M.S. SANKLECHA & PRAKASH D. NAIK, J.J.
P.C.
DATED : 17[th] FEBRUARY, 2017.
1.None appears for the Revenue in support of this appeal. It appears that the Revenue is not interested in prosecuting the present appeal, possibly for the reason that the tax effect in the present appeal as stated in the appeal memo is Rs.17.66 lakhs i.e. less than the threshold limit of Rs.20 lakhs provided in Central Board of Direct Taxes Circular No.21 of 2015 dated 10[th] December, 2015.
2.Be that as it may, the appeal is dismissed for non-prosecution.
(PRAKASH D. NAIK, J.)
(M.S. SANKLECHA, J.)
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