Itxa/41/2014 Of Commissioner Of Income Tax , Central Iii v. M/S Sandesh Land Pvt. Ltd
High Court
11 Jul 2016 In favour of: Assessee
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Itxa/41/2014 Of Commissioner Of Income Tax , Central Iii v. M/S Sandesh Land Pvt. Ltd
Date of order
11 Jul 2016
Assessment year(s)
2008-09, 2009-10
Outcome
Dismissed
Case summary
In Itxa/41/2014 Of Commissioner Of Income Tax , Central Iii v. M/S Sandesh Land Pvt. Ltd, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: 5.Accordingly, the Appeal is dismissed, as not pressed.
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. 41 OF 2014
Commissioner of Income Tax, Central-III,Mumbai
v/s.
.. Appellant
M/s. Sandesh Land Pvt. Ltd. .. Respondent
Mr. Ashok Kotangale i/b Ms. Padma Divakar for the appellant Mr. Raj Darak a/w P.C. Tripathi for the respondent
CORAM : M.S. SANKLECHA & A.K. MENON, J.J.
P.C.
DATED : 11[th] JULY, 2016.
1.Heard. This appeal relates to A.Y. 2008-09.
2.Mr. Kotangale, learned Counsel for the Revenue states that the impugned order of the Tribunal also disposed of the respondent assessee's appeal for A.Y. 2009-10. The tax effect in both the appeals filed by the Revenue for the A.Y. 2008-09 and 2009-10 is less than the limits prescribed by the Circular No.21 of 2015 issued by the Central Board of Direct Tax dated 10th December, 2015.
3.Mr. Kotangale, further points out that the appeal of the Revenue
for A.Y. 2009-10 being Income Tax Appeal No. 131 of 2014 was dismissed as not pressed as the tax effect therein was Rs.4.4 lakhs.
4.In the present case also, the tax effect is Rs.6.05 lakhs as mentioned in paragraph 11A of the Appeal Memo. In view of the above, Mr. Kotangale, learned Counsel appearing for the Revenue does not press the present appeal.
5.Accordingly, the Appeal is dismissed, as not pressed.
6.Refund of Court Fees, as per Rules.
(A.K. MENON, J.)
(M.S. SANKLECHA, J.)
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