Rp/159/2016 Of The Commissioner Of Income Tax v. Shri Ram Nutrients Ltd
High Court
07 Jul 2017 In favour of: Revenue
Forum / Bench
High Court · mphc_db_ind
Parties
Rp/159/2016 Of The Commissioner Of Income Tax v. Shri Ram Nutrients Ltd
Date of order
07 Jul 2017
Assessment year(s)
—
Outcome
Allowed
Case summary
In Rp/159/2016 Of The Commissioner Of Income Tax v. Shri Ram Nutrients Ltd, the High Court (2017) allowed the appeal. The decision went in favour of the Revenue.
Decision: No.159/2016 is allowed and the impugned order is set aside.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
Ms. Veena Mandlik, learned counsel for the review petitioner.
None for the respondent, though served.
Heard.
An affidavit dated 07.07.2017 has been filed regarding service of dasti notice to the respondent.
Inspite of that, no one is appearing to oppose the review petition.
Learned counsel for the petitioner has submitted that the amount involved in the Income Tax Appeal was more than Rs.20.00 lacs and, therefore, as per Circular dated 10.12.2015, issued by the Government of India under the signature of Commissioner of Income Tax (AJ), CBDT, New Delhi, the appeal has to be decided on merit.
On due consideration of the aforesaid so also the fact that the monetary limit involved in ITA No.17/2009 is more than Rs.20.00 lacs, we review the order dated 15.02.2016 passed in ITA No.17/2009.
Accordingly, R. P. No.159/2016 is allowed and the impugned order is set aside.
(P. K. Jaiswal) Judge
(Virender Singh) Judge
gp
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.