Pr. Commissioner Of Income Tax, Jaipur-Ii, Jaipur Raj v. Excel Technovation Pvt. Ltd
High Court
04 Sep 2018 In favour of: Assessee
Forum / Bench
High Court · jaipur
Parties
Pr. Commissioner Of Income Tax, Jaipur-Ii, Jaipur Raj v. Excel Technovation Pvt. Ltd
Date of order
04 Sep 2018
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Pr. Commissioner Of Income Tax, Jaipur-Ii, Jaipur Raj v. Excel Technovation Pvt. Ltd, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: In view of above, present appeal is dismissed in the light ofaforesaid instruction.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR
D.B. Income Tax Appeal No. 123/2018
Pr. Commissioner Of Income Tax, Jaipur-Ii, Jaipur Raj
----Appellant
Versus
Excel Technovation Pvt. Ltd. 101, F-174, Summer Complex,Gautam Marg, Bagaria Bhawan, Jaipur
----Respondent
For Appellant(s) : Mr. Anuroop Singhi
HON'BLE MR. JUSTICE MOHAMMAD RAFIQ HON'BLE MR. JUSTICE GOVERDHAN BARDHAR
04/09/2018
Order
Learned counsel for the appellant submits that in view ofCircular No. 3/2018 issued by Central Board of Direct Taxes,present appeal having tax effect of only Rs. 46,02,820/- being lessthan Rs. 50,00,000/- may not be maintainable.
In view of above, present appeal is dismissed in the light ofaforesaid instruction.
(GOVERDHAN BARDHAR),J
(MOHAMMAD RAFIQ),J
Ashu/79
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