In The Commissioner Of Income Tax-Iv v. Shree Rama Multitech Ltd, the High Court (2020) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
C/TAXAP/255/2008 ORDER
IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 255 of 2008
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THE COMMISSIONER OF INCOME TAX-IV VersusSHREE RAMA MULTITECH LTD.
================================================================Appearance:
MRS MAUNA M BHATT(174) for the Appellant(s) No. 1MR B S SOPARKAR(6851) for the Opponent(s) No. 1
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CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALAand
HONOURABLE MR. JUSTICE BHARGAV D. KARIA
Date : 04/02/2020
ORAL ORDER
(PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA)
This tax appeal at the instance of the Revenue is not pressed on the ground of low tax effect. The same is, accordingly, disposed of.
(J. B. PARDIWALA, J)
(BHARGAV D. KARIA, J)
Vahid
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