The Principal Commissioner Of Income Tax v. The Co-Operative Bank Of Rajkot Ltd., ==========================================================

IN THE HIGH COURT OF GUJARAT AT AHMEDABADR/TAX APPEAL NO. 535 of 2015 ========================================================== THE PRINCIPAL COMMISSIONER OF INCOME TAX Versus THE CO-OPERATIVE BANK OF RAJKOT LTD., ========================================================== Appearance: MRS MAUNA M BHATT(174) for the Appellant(s) No. 1MR TUSHAR P HEMANI(2790) for the Opponent(s) No. 1MS VAIBHAVI K PARIKH(3238) for the Opponent(s) No. 1========================================================== CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALAand HONOURABLE MR. JUSTICE BHARGAV D. KARIA Date : 27/01/2020 ORAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) 1.The Registry has notified the appeal for the purpose of passing an appropriate order. The captioned appeal has been notified because of the low tax effect. The appeal is to be disposed of keeping in mind 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. 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, the appeal is disposed of accordingly. In case of any difficulty, we reserve the liberty for the Revenue to revive the tax appeal. (J. B. PARDIWALA, J) PALAK (BHARGAV D. KARIA, J)