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The Commissioner Of Income Tax,Central-Iv v. M/S. Saimangal Investrade Ltd

High Court 08 Jan 2013 In favour of: Revenue
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax,Central-Iv v. M/S. Saimangal Investrade Ltd
Date of order
08 Jan 2013
Assessment year(s)
Outcome
Allowed

Case summary

In The Commissioner Of Income Tax,Central-Iv v. M/S. Saimangal Investrade Ltd, the High Court (2013) allowed the appeal. The decision went in favour of the Revenue.

Decision: Accordingly, the appeal is allowed to be withdrawn.

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 BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 190 OF 2011 The Commissioner of Income Tax,Central-IV..Appellant versus M/s. Saimangal Investrade Ltd ..Respondent -------- Mr. Tejveer Singh for the Appellant. Mr. Atul K. Jasani for the Respondent. ............. CORAM : J.P. DEVADHAR & M.S.SANKLECHA, JJ. DATE : 08[th] January, 2013 P.C. : Since the tax effect is less than Rs.4 lacs in the light of the CBDT Circular No. 2 of 2011 issued on 09.02.2011, Counsel for the Revenue seeks to withdraw the appeal. Accordingly, the appeal is allowed to be withdrawn. Refund of court fees as per law. (M.S. SANKLECHA, J.) (J.P.DEVADHAR, J.)
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This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
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