The Commissioner Of Income Tax,Coimbatore v. M/S.textool Company Ltd.,Coimbatore
High Court
09 Mar 2016 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
The Commissioner Of Income Tax,Coimbatore v. M/S.textool Company Ltd.,Coimbatore
Date of order
09 Mar 2016
Assessment year(s)
1997-98
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax,Coimbatore v. M/S.textool Company Ltd.,Coimbatore, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the above tax case appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
In the High Court of Judicature at Madras
Dated : 09.3.2016
Coram :
The Honourable Mr.Justice V.RAMASUBRAMANIAN
and
The Honourable Mr.Justice N.KIRUBAKARAN
Tax Case Appeal No.1274 of 2007
The Commissioner of Income Tax,Coimbatore....Appellant
Vs
M/s.Textool Company Ltd.,Coimbatore....Respondent
APPEAL under Section 260A of the Income Tax Act, 1961 against the order dated 31.8.2006 made in I.T.A.No.1440/Mds/2004 on the file of the Income Tax Appellate Tribunal, 'D' Bench, Chennai for the assessment year 1997-98.
For Appellant : Mr.T.R.SenthilkumarFor Respondent : Mr.R.Sivaraman
Judgment was delivered by V.RAMASUBRAMANIAN,J
It is admitted by Mr.T.R.Senthilkumar, learned Standing Counsel for the Department that the tax effect of this appeal is less than Rs.20 lakhs and hence, the appeal is liable to be dismissed as withdrawn in terms of Circular No.21/2015 dated 10.12.2015 issued by the Central Board of Direct Taxes.
(2)
V.RAMASUBRAMANIAN,JANDN.KIRUBAKARAN,JRS
2. Accordingly, the above tax case appeal is dismissed as withdrawn. No costs. The question of law is left unanswered.
Internet : Yes
09.3.2016
ToThe Income Tax Appellate Tribunal, 'D' Bench, Chennai.
TCA.No.1274 of 2007
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