Itxa/594/2017 Of The Principal Commissioner Of Income Tax 12 v. M/S Bharat Homes Ltd
High Court
04 Mar 2019 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/594/2017 Of The Principal Commissioner Of Income Tax 12 v. M/S Bharat Homes Ltd
Date of order
04 Mar 2019
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/594/2017 Of The Principal Commissioner Of Income Tax 12 v. M/S Bharat Homes Ltd, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.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
Priya Soparkar
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.594 OF 2017
The Principal Commissioner of Income Tax-12… Appellant V/s.M/s Bharat Homes Ltd. … Respondent
… Respondent
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Mr.N.C.Mohanty for the Appellant.Mr.P.C.Tripathi for the Respondent.
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CORAM : AKIL KURESHI AND
M.S.SANKLECHA, JJ.
DATE : MARCH 04, 2019.
P.C.:-
1.This Appeal under Section 260-A of the Income Tax Act, 1961(the Act) challenges the order passed by the Income Tax AppellateTribunal (the Tribunal).
2.Mr.N.C.Mohanty, learned Counsel appearing for the Revenuestates that he has been instructed not to press this appeal. This for thereason that the tax effect in this appeal is less than Rs.50 lakhs asprovided in CBDT Circular No.3 of 2018 dated 11[th] July, 2018.
3.Accordingly, the Appeal is dismissed as not pressed.
4.Refund of Court Fees, as per Rules.
(M.S.SANKLECHA,J.)
(AKIL KURESHI,J.)
….
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