Case LawHigh Court › Parixit Industries Ltd v. Asstt. Commiss...

Parixit Industries Ltd v. Asstt. Commissioner Of Income Tax

High Court 07 Aug 2020 In favour of: Revenue
Forum / Bench
High Court · gujarathc
Parties
Parixit Industries Ltd v. Asstt. Commissioner Of Income Tax
Date of order
07 Aug 2020
Assessment year(s)
Outcome
Dismissed

Case summary

In Parixit Industries Ltd v. Asstt. Commissioner Of Income Tax, the High Court (2020) dismissed the appeal. The decision went in favour of the Revenue.

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 GUJARAT AT AHMEDABADCIVIL APPLICATION (FOR WITHDRAWAL OF MATTER) NO. 1 of 2020 In R/TAX APPEAL NO. 832 of 2013With R/TAX APPEAL NO. 832 of 2013 ==========================================================PARIXIT INDUSTRIES LTD Versus ASSTT. COMMISSIONER OF INCOME TAX ========================================================== Appearance: MR MANISH J SHAH(1320) for the Appellant(s) No. 1MR NITIN K MEHTA(3286) for the Opponent(s) No. 1 ========================================================== CORAM: HONOURABLE THE CHIEF JUSTICE MR. VIKRAM NATH andHONOURABLE MR. JUSTICE J.B.PARDIWALADate : 07/08/2020ORAL ORDER (PER : HONOURABLE THE CHIEF JUSTICE MR. VIKRAM NATH) This is an application at the instance of the originalappellant with a request that he may be permitted towithdraw the Tax Appeal No.832 of 2013 preferred undersection 260A of the Income Tax Act, 1961 as the applicantwould like to avail the benefit of the new enactment calledthe Direct Tax Vivad Se Vishwas Act, 2020. As it iscondition precedent that no proceeding should be pendingin any Court of Law for the purpose of availing the benefit ofthe Scheme, we permit the applicant to withdraw the TaxAppeal No.832 of 2013. The Tax Appeal No.832 of 2013stands dismissed as withdrawn. The Civil Applicationstands disposed of. (VIKRAM NATH, CJ) (J. B. PARDIWALA, J)
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