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Principal Commissioner Of Income Tax, Ajmer v. Narendra Nuwal

High Court 01 May 2017 In favour of: Assessee

Forum / Bench

High Court · rhcjodh240618

Parties

Date of order

01 May 2017

Assessment year(s)

—

Outcome

Dismissed

The order — as passed by the High Court

Case summary

In Principal Commissioner Of Income Tax, Ajmer v. Narendra Nuwal, the High Court (2017) dismissed the appeal. The decision went in favour of the assessee.

Decision: The appeal is dismissed accordingly.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

HIGH COURT OF JUDICATURE FOR RAJASTHAN ATJODHPUR D.B. Income Tax Appeal No. 75 / 2015 Principal Commissioner of Income Tax, Ajmer. ----Appellant Versus Narendra Nuwal, C/o Kalani & Co., Chartered Accountants, 5[th] Floor, Mile Stone,Gandhinagar Turn, Bapunagar, Jaipur (Rajasthan) ‘Nuwal Nikunj’ Vakil Colony, Bhilwara. ----Respondent _____________________________________________________ For Appellant(s) : Mr. K.K. Bissa For Respondent(s) : Mr. Vinay Kothari _____________________________________________________ HON'BLE MR. JUSTICE GOVIND MATHUR HON'BLE MR. JUSTICE VINIT KUMAR MATHUR 01/05/2017 Judgment The tax effect in the instant matter does not exceed the monetary limitof Rs.20,00,000/-; hence, in light of circular No.21/2015 dated 10.12.2015issued by the Ministry of Finance, Department of Revenue, Central Board ofDirect Taxes, Government of India, New Delhi, no interference in this appealis desirable. The appeal is dismissed accordingly. (VINIT KUMAR MATHUR)J. (GOVIND MATHUR)J.

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