Itxa/6028/2010 Of The Commissioner Of Income Tax -3 v. M/S Standard Industries Ltd
High Court
10 Jul 2017 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
Itxa/6028/2010 Of The Commissioner Of Income Tax -3 v. M/S Standard Industries Ltd
Date of order
10 Jul 2017
Assessment year(s)
1999-2000
Outcome
Other
Case summary
In Itxa/6028/2010 Of The Commissioner Of Income Tax -3 v. M/S Standard Industries Ltd, the High Court (2017) decided the matter.
Decision: The learned counsel for the appellant seeks leave to withdraw the appeal. avk 1/2 3The appeal is disposed of as withdrawn.
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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.6028 OF 2010
THE COMMISSIONER OF INCOME TAX - 3)...APPELLANT
V/s.
M/S.STANDARD INDUSTRIES LTD.)...RESPONDENT
Mr.Suresh Kumar a/w. Ms.Samiksha Kanani, Advocate for the Appellant.
Mr.Jeet Kandar, Advocate for the Respondent.
CORAM:S.V.GANGAPURWALA &A. M. BADAR, JJ.DATE:10[th] JULY 2017
P.C. :
1This appeal relates to the Assessment Year 1999-2000. In this appeal, it is submitted that the tax effect is less than Rs.20 lakh.
2In light of the above, and in view of CBDT Circular No.21 of 2015, dated 10th December 2015, the department has taken policy decision not to prosecute the appeals where the tax effect is less than Rs.20 lakh. The learned counsel for the appellant seeks leave to withdraw the appeal.
avk 1/2
3The appeal is disposed of as withdrawn. No costs. Court fees as per Rules be refunded.
(A. M. BADAR, J.)
(S.V.GANGAPURWALA), J.)
avk 2/2
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