In Principal Commissioner Of Income Tax 2 v. Neptune Reality Pvt Ltd, the High Court (2018) decided the matter.
Decision: Tax Appeal is disposed of only on that ground.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
C/TAXAP/1050/2018 ORDER
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
R/TAX APPEAL NO. 1050 of 2018
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PRINCIPAL COMMISSIONER OF INCOME TAX 2VersusNEPTUNE REALITY PVT LTD
==========================================================Appearance:MR.VARUN K.PATEL(3802) for the PETITIONER(s) No. 1 for the RESPONDENT(s) No. 1
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CORAM: HONOURABLE MR.JUSTICE AKIL KURESHIand
HONOURABLE MR.JUSTICE B.N. KARIA
Date : 20/08/2018
ORAL ORDER
(PER : HONOURABLE MR.JUSTICE AKIL KURESHI)
We are informed that the appeal involves tax effect which is lower than minimum prescribed by CBDT in its last circular dated 11.07.2018. Tax Appeal is
disposed of only on that ground.
(AKIL KURESHI, J)
ANKIT SHAH
(B.N. KARIA, J)
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