Itxa/893/2016 Of Commissioner Of Income Tax-Ltu v. Sbi Capital Markets Ltd
High Court
17 Dec 2018 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
Itxa/893/2016 Of Commissioner Of Income Tax-Ltu v. Sbi Capital Markets Ltd
Date of order
17 Dec 2018
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Itxa/893/2016 Of Commissioner Of Income Tax-Ltu v. Sbi Capital Markets Ltd, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.Accordingly, the 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.893 OF 2016
Commissioner of Income Tax- LTUV/s.SBI Capital Markets Ltd.
… Appellant
… Respondent
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Mr.Tejveer Singh for the Appellant.
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CORAM : AKIL KURESHI AND
M.S.SANKLECHA, JJ.
DATE : DECEMBER 17, 2018.
P.C.:-
1.This Appeal under Section 260-A of the Income Tax Act, 1961(the Act) challenges the order passed by the Income Tax AppellateTribunal (the Tribunal).
2.Mr.Tejveer Singh, learned Counsel appearing for the Revenuestates that he has been instructed not to press this appeal. This for thereason that the tax effect in this appeal is less than Rs.50 lakhs asprovided in CBDT Circular No.3 of 2018 dated 11[th] July, 2018.
3.Accordingly, the 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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