The Principal Commissioner Of Income Tax-2 v. Mundra International Container Terminal Pvt. Ltd

IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 634 of 2019With R/TAX APPEAL NO. 635 of 2019 =============================================THE PRINCIPAL COMMISSIONER OF INCOME TAX-2 Versus MUNDRA INTERNATIONAL CONTAINER TERMINAL PVT. LTD ============================================= Appearance: MRS MAUNA M BHATT(174) for the Appellant(s) No. 1MR B S SOPARKAR(6851) for the Opponent(s) No. 1============================================= CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALAand HONOURABLE MR.JUSTICE A.C. RAO Date : 16/09/2019 ORAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) 1.These Tax Appeals under Section 260A of the Income Tax Act, 1961 (for short ‘The Act, 1961’) are at the instance of the Revenue. 2.These Tax Appeals are not pressed in view of the low tax effect having regard to the Circular No.17/2019, dated 8[th ]August, 2019 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. 3. According to the new policy as reflected from the Circular referred to above, the table for monetary limits is as follows : (J. B. PARDIWALA, J) (A. C. RAO, J) Dolly