The Commissioner Of Income Tax-Inashik v. The Shahada People Co-Operativebank Ltd. Shahada, Nandurbar
High Court
29 Apr 2016 In favour of: Revenue
Forum / Bench
High Court · hcaurdb
Parties
The Commissioner Of Income Tax-Inashik v. The Shahada People Co-Operativebank Ltd. Shahada, Nandurbar
Date of order
29 Apr 2016
Assessment year(s)
—
Outcome
Allowed
Case summary
In The Commissioner Of Income Tax-Inashik v. The Shahada People Co-Operativebank Ltd. Shahada, Nandurbar, the High Court (2016) allowed the appeal. The decision went in favour of the Revenue.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
ITA-31.14
IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD
INCOME TAX APPEAL NO. 31 OF 2014
The Commissioner of Income Tax-INashik
...APPELLANT
versus
The Shahada People Co-operativeBank Ltd. Shahada, Nandurbar
...RESPONDENTS
.....
Mr.D.V. Soman, Advocate for appellant
.....
CORAM : S. V. GANGAPURWALA AND K.K. SONAWANE, JJ.
Order :-
DATED : 29[th] APRIL, 2016.
1. Mr. Soman, learned counsel for appellant submits that in view of circular bearing No. 21 of 2015 as the tax liabilities involved in the present matter is below Rs. 20,00,000/- (Rupees Twenty Lakhs), the appeal be allowed to be withdrawn.
2.Leave granted.
2.Income Tax Appeal, as such, disposed of as withdrawn. No costs.
Sd/-
Sd/-
[ K. K. SONAWANE, J.]
[S. V. GANGAPURWALA, J.]
MTK
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