Sjc/71/1990 Of Commnr.,Income Tax v. Prahallad

10. 01.08.2019 This matter is listed today on being mentioned by Mr. R.P. Kar, learned counsel on behalf of the petitioner-Department, vide memo dated 31.07.2019 at Flag-Y, for necessary modification/correction of order dated 16.07.2019 passed by this Court in this case. Heard Mr. Kar, learned counsel on behalf of the petitioner-Department. We have gone through the aforesaid order. It appears that there are some typographical mistakes in unnumbered paragraph-3 of the aforesaid order. In view of the above, the prayer for correction of the aforesaid order is allowed. Accordingly, the unnumbered paragraph-3 of order dated 16.07.2019 be read as follows: “ Learned counsel for the petitioner fairly submits that the tax effect is less than Rs.50 lakhs and it is covered by the Circular dated 11.07.2018 issued by the Central Board of Direct Taxes in exercise of its power under Section 268A of the Income Tax Act, 1961.” submits that the tax effect is less than Rs.50 lakhs and it is covered by the Circular dated 11.07.2018 issued by the Central Board of Direct Taxes in exercise of its power under Section 268A of the Income Tax Act, 1961.” Rest part of the aforesaid order shall remain unaltered. Issue urgent certified copy of this order as per the Rules. .……..........………… ( K.S. Jhaveri ) Chief Justice