In The Principal Commissioner Of Income Tax - 4 v. Sanghi Infrastructure Ltd, the High Court (2019) decided the matter.
Decision: In view of the same, this Appeal is disposed of as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
C/TAXAP/564/2019 ORDER
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD
R/TAX APPEAL NO. 564 of 2019
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THE PRINCIPAL COMMISSIONER OF INCOME TAX - 4 VersusSANGHI INFRASTRUCTURE LTD.
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Appearance:MRS MAUNA M BHATT for the Appellant(s) No. 1 for the Opponent(s) No. 1
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CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALAandHONOURABLE MR.JUSTICE A.C. RAO
Date : 26/08/2019
ORAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA)
This Tax Appeal at the instance of the Revenue under Section 260A of the Income Tax Act, 1961, is not pressed having regard to the tax effect.
Our attention is drawn to the recent Circular No.17/2019 issued by the CBDT dated 8th August 2019, fixing the tax effect.
In view of the same, this Appeal is disposed of as not pressed.
(J. B. PARDIWALA, J.)
/MOIINUDDIN
(A. C. RAO, J.)
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