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Itxa/861/2008 Of The Commissioner Of Income-Tax-1,Nashik v. M/S Gavkari Prakashan

High Court 19 Jul 2017 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/861/2008 Of The Commissioner Of Income-Tax-1,Nashik v. M/S Gavkari Prakashan
Date of order
19 Jul 2017
Assessment year(s)
Outcome
Dismissed

Case summary

In Itxa/861/2008 Of The Commissioner Of Income-Tax-1,Nashik v. M/S Gavkari Prakashan, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.

Decision: 3.In view of the above, the appeals stand disposed of.

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. 863 OF 2008 WITHINCOME TAX APPEAL NO. 862 OF 2008WITHINCOME TAX APPEAL NO. 861 OF 2008 The Commissioner of Income Tax-1.. Appellant v/s. M/s. Gavakari Prakashan .. Respondent Mr. Arvind Pinto for the appellant Mr. Raturaj Gurjar i/b Mr. Mihir Naniwadekar for the respondent CORAM : S.V. GANGAPURWALA & A.M. BADAR, J.J. DATED : 19[th] JULY, 2017 Appeal Nos.861/2008 and 862/2008 are not on board. Upon mentioning, taken on board. P.C. 1.The Tribunal has passed the impugned order in respect of Assessment Years 1993-94 to 1996-97. It is submitted by the learned Counsel for the assessee that one appeal filed by the Revenue is already dismissed for non-removal of office objections. The three appeals are on board. 2.The learned Counsel for the appellant submits that the tax 863-08-itxa-C-2=.doc effect involved in the present appeals are less than Rs.20 lakhs and as per the CBDT Circular No.21 of 2015 dated 10[th] December, 2015, the department has taken a policy decision not to prosecute the appeals wherein the tax effect is less than Rs.20 lakhs. 3.In view of the above, the appeals stand disposed of. No costs. (A.M. BADAR, J.) (S.V. GANGAPURWALA, J.)
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