In Rc/47/2000 Of Teh Commissioner Of Income Tax.visakha v. M/S Kranti Printing Inks Pvt.ltd, the High Court (2012) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURANDHON’BLE SHRI JUSTICE SANJAY KUMAR
R.C.NO.47 OF 2000
DATED: 13.03.2012
Between COMMISSIONER OF INCOME TAXVISAKHAPATNAM … ApplicantAndM/S.KRANTHI PRINTING INKSPRIVATE LIMITED,YEDITHA … Respondent
HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKURAND
HON’BLE SHRI JUSTICE SANJAY KUMAR
R.C.NO.47 OF 2000
Order:(per Hon’ble the Chief Justice Shri Madan B. Lokur)
The tax effect in this case is said to be less than Rs.2.50 lakhs. Under the circumstances, we decline to entertain this Referred
Case.
Accordingly, this Referred Case is dismissed.
___________________MADAN B. LOKUR, CJ
___________________
SANJAY KUMAR, J
Dt: 13-03-2012
tnb
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