In Jyoti v. Jani, the High Court (2018) decided the matter.
Decision: Tax Appeal is disposed of as having law tax effect.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 1561 of 2011
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INCOME TAX OFFICER - WARD 2(2) - BARODAVersusPAYAL DEVELOPERS
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Appearance:
MR.VARUN K.PATEL(3802) for the PETITIONER(s) No. 1MR B S SOPARKAR(6851) for the RESPONDENT(s) No. 1
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CORAM: HONOURABLE MR.JUSTICE AKIL KURESHIandHONOURABLE MR.JUSTICE B.N. KARIA
Date : 19/03/2018 ORAL ORDER (PER : HONOURABLE MR.JUSTICE AKIL KURESHI)
Counsel for the Revenue stated that the tax effect involved in the present appeal is below the minimum limit prescribed by the CBDT in its latest circular dated 10.12.2015 for filing Revenue's appeal before the High Court. Tax Appeal is disposed of as having law tax effect.
(AKIL KURESHI, J)
JYOTI V. JANI
(B.N. KARIA, J)
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