Case LawHigh Court › Itxa/701/2016 Of Pr Commissioner Of Inco...

Itxa/701/2016 Of Pr Commissioner Of Income Tax 4 v. M/S Nandkishore And Co

High Court 04 Dec 2018 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/701/2016 Of Pr Commissioner Of Income Tax 4 v. M/S Nandkishore And Co
Date of order
04 Dec 2018
Assessment year(s)
Outcome
Dismissed

Case summary

In Itxa/701/2016 Of Pr Commissioner Of Income Tax 4 v. M/S Nandkishore And Co, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.

Decision: 3.Accordingly, this 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 1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.701 OF 2016 Pr.Commissioner of Income Tax-4 … Appellant V/s. M/s Nandkishore & Co. … Respondent --- Mr.Suresh Kumar for the Appellant. Ms.Rutuja Pawar i/by Mr.S.C.Tiwari for the Respondent. --- CORAM : AKIL KURESHI AND M.S.SANKLECHA, JJ. DATE : DECEMBER 04, 2018. P.C.:- 1.This Appeal under Section 260-A of the Income Tax Act,1961 (the Act) challenge the order passed by the Income TaxAppellate Tribunal (the Tribunal). 2.Mr.Suresh Kumar, learned Counsel appearing for theRevenue states that he has been instructed not to press thisappeal. This for the reason that the tax effect this appeal is lessthan Rs.50 lakhs as provided in CBDT Circular No.3 of 2018 Priya Soparkar dated 11[th] July, 2018. 3.Accordingly, this 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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