Itxa/697/2017 Of Pr. Commissioner Of Income Tax-25, Mumbai v. M/S. Ramesh Jhaveri (Huf)
High Court
17 Dec 2018 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/697/2017 Of Pr. Commissioner Of Income Tax-25, Mumbai v. M/S. Ramesh Jhaveri (Huf)
Date of order
17 Dec 2018
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Itxa/697/2017 Of Pr. Commissioner Of Income Tax-25, Mumbai v. M/S. Ramesh Jhaveri (Huf), the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.Accordingly, all these Appeals are dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Priya Soparkar
152, 53, 54, 55, 57, 58, 60, 75,76-o
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.439 OF 2009
The Commissioner of Income Tax
V/s.
M/s Systematic Exports
… Appellant
… Respondent
WITH
INCOME TAX APPEAL NO.185 OF 2012
WITH INCOME TAX APPEAL NO.186 OF 2012WITH INCOME TAX APPEAL NO.1069 OF 2013WITH
INCOME TAX APPEAL NO.1144 OF 2013
The Commissioner of Income Tax-III… Appellant
V/s.M/s Tushar Developers
… Respondent
WITH
INCOME TAX APPEAL NO.692 OF 2013
The Commissioner of Income Tax-I
… Appellant
V/s.
Swapnil Distributors Pvt. Ltd.
… Respondent
WITH
INCOME TAX APPEAL NO.494 OF 2015
The Principal Commissioner of Income Tax-3 … Appellant
V/s.
Shri Shankar Krishna Panskar … Respondent
WITH
INCOME TAX APPEAL NO.697 OF 2017
Pr. Commissioner of Income Tax-25
V/s.
… Appellant
Priya Soparkar
Ramesh Jhaveri (HUF)
… Respondent
WITH INCOME TAX APPEAL NO.913 OF 2017
Pr. Commissioner of Income Tax-25… Appellant
V/s.
Nilesh R. Jhaveri (HUF) … Respondent
---
Mr.Sham Walve for the Appellants in all appeals.
Mr.Sham Walve with Ms.Padma Divakar for the Appellants inITXA Nos.1069 of 2013 and 1144 of 2013.Mr.S.J.Mehta with Ms.A.Vissanji for the Respondent in ITXANo.439 of 2009.
Mr.Ruturaj Gurjar with Mr.Mihir Naniwadekar for the Respondentin ITXA No.494 of 2015.
---
CORAM : AKIL KURESHI AND
M.S.SANKLECHA, JJ.
DATE : DECEMBER 17, 2018.
P.C.:-
1.These Appeals under Section 260-A of the Income Tax Act,
1961 (the Act) challenge the orders passed by the Income TaxAppellate Tribunal (the Tribunal).
2.Mr.Sham Walve, learned Counsel appearing for the Revenue
states that they have been instructed not to press these appeals.This for the reason that the tax effect in each of these appeals isless than Rs.50 lakhs as provided in CBDT Circular No.3 of 2018
Priya Soparkar
dated 11[th] July, 2018.
3.Accordingly, all these Appeals are dismissed as not pressed.
4.Refund of Court Fees, as per Rules.
(M.S.SANKLECHA,J.)
(AKIL KURESHI,J.)
….
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