The Principal Commissioner Of Income Tax, Vadodara v. M/S Kanaka Infratech Ltd
High Court
16 Sep 2019 In favour of: Unclear
Forum / Bench
High Court · gujarathc
Parties
The Principal Commissioner Of Income Tax, Vadodara v. M/S Kanaka Infratech Ltd
Date of order
16 Sep 2019
Assessment year(s)
—
Outcome
Other
Case summary
In The Principal Commissioner Of Income Tax, Vadodara v. M/S Kanaka Infratech Ltd, the High Court (2019) decided the matter.
Decision: 3.According to the new policy as reflected from the Circular referred to above, the table for monetary limits is as follows : 4.In view of the aforesaid, this Tax Appeal is disposed of accordingly, with a liberty to revive in case of any difficulty.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
The order — as passed by the High Court
IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 687 of 2019
=============================================
THE PRINCIPAL COMMISSIONER OF INCOME TAX, VADODARA
3
Versus
M/S KANAKA INFRATECH LTD
=============================================
Appearance:
MR.VARUN K.PATEL(3802) for the Appellant(s) No. 1 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.This Tax Appeal under Section 260A of the Income Tax
Act, 1961 (for short ‘The Act, 1961’) is at the instance of the Revenue.
2.This Tax Appeal is 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 :
4.In view of the aforesaid, this Tax Appeal is disposed of accordingly, with a liberty to revive in case of any difficulty.
(J. B. PARDIWALA, J)
(A. C. RAO, J)
Dolly
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue