Itxa/429/2006 Of The Commissionerof Income-Tax-Kolhapur v. M/S Preci Engineering Com,Pany
High Court
12 Jan 2016 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/429/2006 Of The Commissionerof Income-Tax-Kolhapur v. M/S Preci Engineering Com,Pany
Date of order
12 Jan 2016
Assessment year(s)
1998-99
Outcome
Dismissed
Case summary
In Itxa/429/2006 Of The Commissionerof Income-Tax-Kolhapur v. M/S Preci Engineering Com,Pany, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.Accordingly, the appeal is dismissed for non prosecution.
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. 429 OF 2006
The Commissioner of Income Tax-IKolhapur
v/s.
.. Appellant
M/s. Preci Engineering Company
.. Respondent
None for the appellant None for the respondent
P.C.
CORAM : M.S. SANKLECHA & B.P. COLABAWALLA, J.J.
DATED : 12[th] JANUARY, 2016.
1.This appeal relates to Assessment Year 1998-99. None appears in support of the appeal. It appears that the Revenue is not interested in pursuing this appeal. Moreover, we notice that in para 11 of the
Appeal Memo, the tax effect involved is Rs. 1.38 lakhs. Therefore, in view of the Central Board of Direct Tax Circular No.21/15 dated 10[th ]December, 2015, the Revenue it seems is not interested in pursuing this appeal.
2.Accordingly, the appeal is dismissed for non prosecution.
(B.P. COLABAWALLA, J.)
(M.S. SANKLECHA, J.)
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.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue