Principal Commissioner Of Income Tax 1 v. Adroit Tradelink Pvt Ltd
High Court
17 Jul 2018 In favour of: Assessee
Forum / Bench
High Court · gujarathc
Parties
Principal Commissioner Of Income Tax 1 v. Adroit Tradelink Pvt Ltd
Date of order
17 Jul 2018
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Principal Commissioner Of Income Tax 1 v. Adroit Tradelink Pvt Ltd, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: Under the circumstances, on the aforesaid ground alone, present Tax Appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
R/TAX APPEAL NO. 856 of 2018
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PRINCIPAL COMMISSIONER OF INCOME TAX 1
VersusADROIT TRADELINK PVT LTD
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Appearance:
MR MANISH BHATT, SENIOR ADVOCATE with MRS MAUNA M BHATT(174) for the APPELLANT(s) No. 1for the RESPONDENT(s) No. 1
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CORAM: HONOURABLE MR.JUSTICE M.R. SHAHandHONOURABLE MR.JUSTICE A.Y. KOGJE
Date : 17/07/2018
ORAL ORDER (PER : HONOURABLE MR.JUSTICE M.R. SHAH)
As the tax effect involved in the present Tax Appeal is less than Rs.50 lacs, considering the recent Circular issued by the CBDT dated 11/07/2018, being Circular No.3/2018, Shri Manish Bhatt, learned Senior Advocate appearing on behalf of the revenue does not press the present Tax Appeal. Under the circumstances, on the aforesaid ground alone, present Tax Appeal is dismissed as not pressed.
(M.R. SHAH, J.)
(A.Y. KOGJE, J.)
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