Itxa/51/2007 Of Thecommisssioner Of Income-Tax-V,Pun v. The Indian Card Clothing Co Limited-Pune
High Court
12 Jan 2016 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/51/2007 Of Thecommisssioner Of Income-Tax-V,Pun v. The Indian Card Clothing Co Limited-Pune
Date of order
12 Jan 2016
Assessment year(s)
1996-97
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itxa/51/2007 Of Thecommisssioner Of Income-Tax-V,Pun v. The Indian Card Clothing Co Limited-Pune, 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.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 51 OF 2007
The Commissioner of Income Tax-V
.. Appellant
v/s.
The Indian Card Clothing Co. Ltd. .. 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 1996-97. 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 11.1 of the
Appeal Memo, the tax effect involved is Rs. 13.24 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.)
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