Itxa/7016/2010 Of The Commissioner Of Income Tax -4 Mumbai v. Kamal Kumar Jalan Securities Pvt. Ltd
High Court
17 Jun 2016 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/7016/2010 Of The Commissioner Of Income Tax -4 Mumbai v. Kamal Kumar Jalan Securities Pvt. Ltd
Date of order
17 Jun 2016
Assessment year(s)
2003-04
Outcome
Dismissed
Case summary
In Itxa/7016/2010 Of The Commissioner Of Income Tax -4 Mumbai v. Kamal Kumar Jalan Securities Pvt. Ltd, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.The appeal is dismissed for non-prosecution.
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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 7016 OF 2010
The Commissioner of Income Tax-4Mumbai
.. Appellant
v/s.
Kamal Kumar Jalan Securities Pvt. Ltd. .. Respondent
None for the appellant None for the respondent
CORAM : M.S. SANKLECHA & M.S. SONAK, J.J.
DATED : 17[th] JUNE, 2016.
P.C.
1.This appeal relates to Assessment Year 2003-04.
2.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 9 of the Appeal Memo, the tax effect is less than Rs.20 lakhs. Therefore, prima facie in view of the Central Board of Direct Tax Circular No.21/15 dated 10[th] December, 2015, could be the reason for not pursuing this appeal.
3.The appeal is dismissed for non-prosecution.
(M.S. SONAK, J.)
(M.S. SANKLECHA, J.)
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