Itxa/452/2004 Of Comm. Of Income Tax-Viii Mum v. Rajnigandha Investment And Finance
High Court
14 Jun 2017 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Itxa/452/2004 Of Comm. Of Income Tax-Viii Mum v. Rajnigandha Investment And Finance
Date of order
14 Jun 2017
Assessment year(s)
1987-88
Outcome
Other
The order — as passed by the High Court
Case summary
In Itxa/452/2004 Of Comm. Of Income Tax-Viii Mum v. Rajnigandha Investment And Finance, the High Court (2017) decided the matter.
Decision: 4.The appeal stands disposed of as withdrawn.
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 JURISDICTIONINCOME TAX APPEAL NO. 452 OF 2004
The Commissioner of Income Tax
v/s.
M/s. Rajnigandha Investment & Finance Ltd.
.. Appellant
.. Respondent
Mr. Suresh Kumar for the appellant
P.C.
CORAM : S.V. GANGAPURWALA & G.S. KULKARNI, J.J.
DATED : 14[th] JUNE, 2017
1.This appeal relates to Assessment Year 1987-88.
2.The learned Counsel for the appellant submits that the tax effect involved in the present appeal is less than Rs.20 lakhs and as per the CBDT Circular No.21 of 2015 dated 10[th] December, 2015, the department has taken a policy decision not to prosecute the appeals wherein the tax effect is less than Rs.20 lakhs.
3.In view of the above, the learned Counsel for the appellant seeks leave to withdraw the appeal.
4.The appeal stands disposed of as withdrawn. No costs.
5.The Court Fees as per Rules, be refunded.
(G.S. KULKARNI, J.)
(S.V. GANGAPURWALA, 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