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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Decision: Accordingly, the above tax case appeal is dismissed as withdrawn.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that the tax effect of this appeal is less than Rs.20 lakhs and hence, the appeal is liable to be dismissed as withdrawn in terms of Circular No.21/2015 dated 10.12.2015 issued by the Central Board of Direct Taxes.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 Accordingly, the above tax case appeal is dismissed as withdrawn.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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