In The Principal Commissioner Of Income Tax (Central)-4 v. Ruchi Soya Industries Ltd, the High Court (2020) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
DDR
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 699 OF 2019
The Principal Commissioner of IncomeTax (Central)-4..Appellant
vs.Ruchi Soya Industries Ltd.
..Respondent
…........
Mr. N.c. Mohanty for appellant.
…........
CORAM : NITIN JAMDAR &M.S.KARNIK, JJ.
DATE : 13 JANUARY 2020
P.C.:-
Learned counsel for the Appellant states that the tax effectinvolved in this Appeal is below the stipulated limit of Rs.1 croreas provided in Circular No.17 of 2019 dated 8 August 2019. Hehas received instructions to withdraw this Appeal. The Appeal isdisposed of as withdrawn.
(M.S.KARNIK, J.)
(NITIN JAMDAR, J.)
Digitallysigned byDikshaDiksha RaneDate:Rane2020.01.1518:05:03+0530
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