The Commissioner of Income-tax-II, Nagpur v. Maharana Shivhare Bhavan
[Citation -2017-LL-0703-8]
| Citation | 2017-LL-0703-8 |
|---|---|
| Appellant Name | The Commissioner of Income-tax-II, Nagpur |
| Respondent Name | Maharana Shivhare Bhavan |
| Court | HIGH COURT OF BOMBAY AT NAGPUR |
| Relevant Act | Income-tax |
| Date of Order | 03/07/2017 |
| Assessment Year | 2004-05 |
| Judgment | View Judgment |
| Keyword Tags | monetary limit • tax effect |
| Bot Summary: | Mr. Parchure, learned counsel for the appellant- Revenue filed an affidavit of Mr. Amrendra Dnyaneshwar Surkar, Income Tax Officer, pointing out that the tax effect involved in the present appeal is Rs. 16.27 lakhs. In supersession of the above instruction, it has been decided by the Board that department appeals may be filed on merits before Appellate Tribunal and high Courts and SLP before the Supreme Court keeping in view the monetary limits and conditions specified below. Filing of appeal in such cases is to be decided on merits of the case. Pending appeals below the specified tax limits in para 3 above may be withdrawn/not pressed. Appeals before the Supreme Court will be governed by the instructions on this subject, operative at the time when such appeal was filed. Mr.A. Parchure, learned Counsel states that the tax effect involved in the present appeal is Rs.16.27 lakhs. In the above view, he has been instructed to withdraw the present appeal in accordance with the above Circular No.21 of 2015. |