The Commissioner Of Income Tax-19 v. M/S. Kshitij Venture Capital Fund
High Court
02 May 2019 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax-19 v. M/S. Kshitij Venture Capital Fund
Date of order
02 May 2019
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax-19 v. M/S. Kshitij Venture Capital Fund, the High Court (2019) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2 / 2 903-ITXA-1108-12.odt 3.In view of the above submission, the appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
1 / 2 903-ITXA-1108-12.odt
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO.1108 OF 2012
The Commissioner of Income Tax-19
.... Appellant
versus
M/s. Kshitij Venture Capital Fund.... Respondent
…....
Mr.Sham Walve, Advocate for Appellant.Mr.Sham Walve, Advocate for Appellant.
Mr.Upendra Lokegaonkar, Advocate for Respondent.Mr.Upendra Lokegaonkar, Advocate for Respondent.
CORAM : AKIL KURESHI &
SARANG V. KOTWAL, JJ.DATE: 02[nd] MAY, 2019.
P.C. :
1. This Appeal under Section 260A of the Income TaxAct, 1961 (“the Act” for short) has been filed challenging theorder passed by the Income Tax Appellate Tribunal.
2.The learned Counsel appearing in support of theAppeal, states that he has been instructed to withdraw thisappeal. This is for the reason that the tax effect involved in thisappeal is less than the threshold limit of Rs.50 Lacs as providedin CBDT Circular No.3 of 2018 dated 11.7.2018.
2 / 2 903-ITXA-1108-12.odt
3.In view of the above submission, the appeal is
dismissed as not pressed.
4.Refund of court fees as per rules.
(SARANG V. KOTWAL, J.)
(AKIL KURESHI, J.)
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