The Commissioner Of Income Tax, Mumbai City Xii, Mumbai v. Paramount Properties, Mumbai 400 021
High Court
13 Jan 2016 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax, Mumbai City Xii, Mumbai v. Paramount Properties, Mumbai 400 021
Date of order
13 Jan 2016
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Commissioner Of Income Tax, Mumbai City Xii, Mumbai v. Paramount Properties, Mumbai 400 021, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: 2.Accordingly, the appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 82 OF 2004
The Commissioner of Income Tax,Mumbai City XII, Mumbai v/sParamount Properties, Mumbai 400 021
… Appellant
… Respondent
Mr Arvind Pinto for Appellant. None for Respondent.
CORAM : M.S. SANKLECHA AND
B.P. COLABAWALLA JJ.
DATE : 13[th] JANUARY, 2016
P.C.:-
1.This Appeal relates to Assessment Year 1994-95. Mr Pinto, learned counsel for the Revenue states that the tax effect involved in the present appeal as indicated in para 10 of the Appeal Memo is Rs.5,64,256/-. He further states that in view of the Central Board of Direct Tax Circular No.21/15 dated 10[th] December 2015, the tax effect being less than the threshold limits provided therein for challenging an order of the Tribunal before this Court, he does not
press the present appeal.
2.Accordingly, the appeal is dismissed as not pressed. Refund of Court fees as per Rules.
(B.P.COLABAWALLA, J.)
(M.S. SANKLECHA, J.)
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