The Principal Commissioner Of Income Tax Vadodara 2 v. M/S Transpek Silox Industry Ltd
High Court
17 Jul 2018 In favour of: Assessee
Forum / Bench
High Court · gujarathc
Parties
The Principal Commissioner Of Income Tax Vadodara 2 v. M/S Transpek Silox Industry Ltd
Date of order
17 Jul 2018
Assessment year(s)
—
Outcome
Dismissed
Case summary
In The Principal Commissioner Of Income Tax Vadodara 2 v. M/S Transpek Silox Industry Ltd, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: Under the circumstances, on the aforesaid ground alone, present Tax Appeal is dismissed as not pressed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 800 of 2018
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THE PRINCIPAL COMMISSIONER OF INCOME TAX VADODARA 2Versus
M/S TRANSPEK SILOX INDUSTRY LTD
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Appearance:
MR.VARUN K.PATEL(3802) for the APPELLANT(s) No. 1for the RESPONDENT(s) No. 1
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CORAM: HONOURABLE MR.JUSTICE M.R. SHAHandHONOURABLE MR.JUSTICE A.Y. KOGJE
Date : 17/07/2018ORAL ORDER (PER : HONOURABLE MR.JUSTICE M.R. SHAH)
As the tax effect involved in the present Tax Appeal is less than Rs.50 lacs, considering the recent Circular issued by the CBDT dated 11/07/2018, being Circular No.3/2018, Shri Varun Patel, learned Advocate appearing on behalf of the revenue does not press the present Tax Appeal. Under the circumstances, on the aforesaid ground alone, present Tax Appeal is dismissed as not pressed.
(M.R. SHAH, J.)
(A.Y. KOGJE, J.)
siji
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