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Itxa/2024/2017 Of Pr.commissioner Of Income Tax-10 v. Indofil Industries Limited

High Court 13 Dec 2021 In favour of: Assessee

Forum / Bench

High Court · newos

Parties

Date of order

13 Dec 2021

Assessment year(s)

—

Outcome

Dismissed

Case summary

In Itxa/2024/2017 Of Pr.commissioner Of Income Tax-10 v. Indofil Industries Limited, the High Court (2021) 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

IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 2024 OF 2017 Pr. Commissioner of Income Tax-10 V/s. Indofil Industries Limited ….Appellant …Respondent ---- Mr. Akhileshwar Sharma for Appellant.Mr. Harsh Kapadia i/b Mr. Balasaheb Yewale for Respondent. ---- CORAM : K.R. SHRIRAM & AMIT B. BORKAR, JJ. DATED : 15[th] DECEMBER 2021 P.C. : 1.In paragraph no.11.1 of the appeal it is mentioned that thedisputed claim in the appeal is valued at Rs.53.99 Lakhs. 2.Mr. Sharma states that though he does not have writteninstructions to withdraw the appeal, since the same is below the monetarylimits specified in Circular No.17/2019 dated 8[th] August, 2019, the courtmay still dismiss the appeal as withdrawn. 3.Appeal accordingly dismissed as withdrawn. (AMIT B. BORKAR, J.) (K.R. SHRIRAM, J.)

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This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.

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