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Pr.commissioner Of Income Tax-Gandhinagar v. Gujarat Road & Infrastructure Co.ltd

High Court 31 Jul 2020 In favour of: Unclear
Forum / Bench
High Court · gujarathc
Parties
Pr.commissioner Of Income Tax-Gandhinagar v. Gujarat Road & Infrastructure Co.ltd
Date of order
31 Jul 2020
Assessment year(s)
Outcome
Other

The order — as passed by the High Court

Case summary

In Pr.commissioner Of Income Tax-Gandhinagar v. Gujarat Road & Infrastructure Co.ltd, the High Court (2020) decided the matter.

Decision: The appeal is tobe disposed of keeping in mind the Circular No.17/2019,dated 8th August, 2019 issued by the Government of India,Ministry of Finance, Department of Revenue, Central BoardDirect Taxes, New Delhi.

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. 868 of 2015 ==========================================================PR.COMMISSIONER OF INCOME TAX-GANDHINAGAR VersusGUJARAT ROAD & INFRASTRUCTURE CO.LTD. ========================================================== Appearance:MRS MAUNA M BHATT(174) for the Appellant(s) No. 1MR B S SOPARKAR(6851) for the Opponent(s) No. 1 ========================================================== CORAM: HONOURABLE THE CHIEF JUSTICE MR. VIKRAM NATHandHONOURABLE MR. JUSTICE J.B.PARDIWALA Date : 31/07/2020 ORAL ORDER (PER : HONOURABLE THE CHIEF JUSTICE MR. VIKRAM NATH) 1.The Registry has notified the appeal for the purpose ofpassing an appropriate order. The captioned appeal hasbeen notified because of the low tax effect. The appeal is tobe disposed of keeping in mind the Circular No.17/2019,dated 8th August, 2019 issued by the Government of India,Ministry of Finance, Department of Revenue, Central BoardDirect Taxes, New Delhi. 2.This tax appeal is not pressed in view of the low taxeffect having regard to the Circular No.17/2019, dated 8thAugust, 2019 issued by the Government of India, Ministryof Finance, Department of Revenue, Central Board DirectTaxes, New Delhi. 3.According to the new policy as reflected from theCircular referred to above, the table for monetary limits is asfollows: 4.In view of the aforesaid, the appeal is disposed ofaccordingly. In case of any difficulty, we reserve the libertyfor the Revenue to revive the tax appeal. (VIKRAM NATH, CJ) ALI ISTAYAK (J. B. PARDIWALA, J)
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