Principal Commissioner Of Income Tax, Vadodara-1 v. Baroda Extrusion Ltd
High Court
17 Jul 2018 In favour of: Assessee
Forum / Bench
High Court · gujarathc
Parties
Principal Commissioner Of Income Tax, Vadodara-1 v. Baroda Extrusion Ltd
Date of order
17 Jul 2018
Assessment year(s)
—
Outcome
Dismissed
Case summary
In Principal Commissioner Of Income Tax, Vadodara-1 v. Baroda Extrusion 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.
The order — as passed by the High Court
C/TAXAP/869/2018 ORDER
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
R/TAX APPEAL NO. 869 of 2018
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PRINCIPAL COMMISSIONER OF INCOME TAX, VADODARA-1VersusBARODA EXTRUSION LTD
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Appearance:
MR.VARUN K.PATEL(3802) 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 : 17/07/2018ORAL 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 Varun Patel, learned 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.)
siji
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