Jyoti v. Jani

IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 77 of 2013 ========================================================== COMMISSIONER OF INCOME TAX II VersusJYOTI DYEING AND PRINTING MILLS PVT LTD ========================================================== Appearance:MR HIRAK FOR MRS KALPANAK RAVAL(1046) for the Appellant(s) No. 1MS SONAL D VYAS(999) for the Opponent(s) No. 1========================================================== CORAM:HONOURABLE MR. JUSTICE A.J.DESAIand HONOURABLE MR. JUSTICE BHARGAV D. KARIA Date : 21/06/2022 ORAL ORDER (PER : HONOURABLE MR. JUSTICE A.J.DESAI) 1. The captioned appeal concerns the low tax effect. The appeal is tobe disposed of keeping in mind the Circular No.17/2019, dated 8thAugust, 2019 issued by the Government of India, Ministry ofFinance, Department of Revenue, Central Board Direct Taxes,New Delhi. be disposed of keeping in mind the Circular No.17/2019, dated 8thAugust, 2019 issued by the Government of India, Ministry ofFinance, Department of Revenue, Central Board Direct Taxes,New Delhi. 2. This tax appeal is not pressed in view of the low tax effect havingregard to the Circular No.17/2019, dated 8th August, 2019 issuedby the Government of India, Ministry of Finance, Department ofRevenue, Central Board Direct Taxes, New Delhi. regard to the Circular No.17/2019, dated 8th August, 2019 issuedby the Government of India, Ministry of Finance, Department ofRevenue, Central Board Direct Taxes, New Delhi. 3. According to the new policy as reflected from the Circular referredto above, the table for monetary limits is as follows: to above, the table for monetary limits is as follows: 4. Since the amount involved in the present appeal is Rs. 88,00,000/-,in view of the aforesaid, the appeal is disposed of accordingly. in view of the aforesaid, the appeal is disposed of accordingly. 5. 5. In case of any difficulty, we reserve the liberty for the Revenueto revive the tax appeal.to revive the tax appeal. (A.J.DESAI, J) JYOTI V. JANI (BHARGAV D. KARIA, J)