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Pr. Commissioner Of Income Tax, Jaipur-Ii, Jaipur v. M/S. Morani Four-Wheels Pvt. Ltd., Plot

High Court 21 Aug 2018 In favour of: Assessee
Forum / Bench
High Court · jaipur
Parties
Pr. Commissioner Of Income Tax, Jaipur-Ii, Jaipur v. M/S. Morani Four-Wheels Pvt. Ltd., Plot
Date of order
21 Aug 2018
Assessment year(s)
Outcome
Dismissed

Case summary

In Pr. Commissioner Of Income Tax, Jaipur-Ii, Jaipur v. M/S. Morani Four-Wheels Pvt. Ltd., Plot, 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 thelight of aforesaid circular.

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. 151/2018 Pr. Commissioner Of Income Tax, Jaipur-II, Jaipur. ----Appellant Versus M/s. Morani Four-Wheels Pvt. Ltd., Plot No.1, Murti Kala Colony,Gopalpura Bye Pass, Jaipur ----Respondent For Appellant(s) : Mr. R.B. Mathur with Ms. Tanvi Sahai. HON'BLE MR. JUSTICE MOHAMMAD RAFIQ HON'BLE MR. JUSTICE GOVERDHAN BARDHAR Order 21/08/2018 Learned counsel for the appellant submits that in viewof Circular No. 3/2018 issued by Central Board of Direct Taxes,present appeal having tax effect of only Rs. 32,20,582/-, which isless than Rs. 50,00,000/- may not be maintainable. In view of above, present appeal is dismissed in thelight of aforesaid circular. (GOVERDHAN BARDHAR),J (MOHAMMAD RAFIQ),J Manoj/8
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