Principal Commissioner Of Income Tax-2 v. Keystone Solution P. Ltd

C/TAXAP/1026/2017 ORDER IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 1026 of 2017 ==========================================================PRINCIPAL COMMISSIONER OF INCOME TAX-2 VersusKEYSTONE SOLUTION P. LTD ========================================================== Appearance:MR.VARUN K.PATEL(3802) for the Appellant(s) No. 1MR B S SOPARKAR(6851) for the Opponent(s) No. 1 ========================================================== CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALAand HONOURABLE MR. JUSTICE BHARGAV D. KARIA Date : 27/01/2020 ORAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) 1.The Registry has notified the appeal for the purpose of passing an appropriate order. The captioned appeal has been notified because of the low tax effect. The appeal is to be disposed of keeping in mind the Circular No.17/2019, dated 8[th] August, 2019 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. 2.This tax appeal is not pressed in view of the low tax effect having regard to the Circular No.17/2019, dated 8[th] August, 2019 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. 3.According to the new policy as reflected from the Circular referred to above, the table for monetary limits is as follows:- C/TAXAP/1026/2017 ORDER 4.In view of the aforesaid, the appeal is disposed of accordingly. In case of any difficulty, we reserve the liberty for the Revenue to revive the tax appeal. (J. B. PARDIWALA, J) KUMAR ALOK (BHARGAV D. KARIA, J)