Principal Commissioner of Income-tax v. Bhomiyaji Land & Finance Co - 2019-LL-0215-48

Citation	2019-LL-0215-48
Appellant Name	Principal Commissioner of Income-tax
Respondent Name	Bhomiyaji Land & Finance Co.
Court	HIGH COURT OF MADHYA PRADESH AT INDORE
Relevant Act	Income-tax
Date of Order	15/02/2019
Judgment	View Judgment
Keyword Tags	tax effect
Bot Summary:	Regard being had to the similitude in the controversy involved in the present cases, the Income Tax Appeals were analogously heard and by a common order, they are being disposed of by this Court. Facts of Income Tax Appeal No.128/2018 are narrated hereunder. The present appeal is arising out of order dated 31/01/2018 passed by Income Tax Appellate Tribunal, Indore in ITA No.263/Ind/2013 and ITA No.411/Ind/2013. It has been brought to the notice of this Court that Government of India has issued a Circular i.e. Circular No.3/2018 dated 11th July, 2018. In paragraph No.3 of the aforesaid Circular it has held that the appeals shall not be filed before the High Court, where the tax effect does not exceed the monetary limits of Rs.50,00,000/- and therefore, in light of Circular No.3/2018 dated 11 th July, 2018, the present appeal along with other connected appeals stand dismissed.

HIGH COURT OF MADHYA PRADESH, BENCH AT INDORE I. T. A. No.128/2018 (Principal Commissioner of Income Tax Vs. M/s. Bhomiyaji Land & Finance Co.) I. T. A. No.129/2018 (Principal Commissioner of Income Tax Vs. M/s. Bhomiyaji Land & Finance Co.) I. T. A. No.131/2018 (Principal Commissioner of Income Tax Vs. M/s. Bhomiyaji Land & Finance Co.) -1- Indore, dated 15/02/2019 Ms. Veena Mandlik, learned counsel for appellant(s). Regard being had to similitude in controversy involved in present cases, Income Tax Appeals were analogously heard and by common order, they are being disposed of by this Court. Facts of Income Tax Appeal No.128/2018 are narrated hereunder. present appeal is arising out of order dated 31/01/2018 passed by Income Tax Appellate Tribunal, Indore in ITA No.263/Ind/2013 (Assesse's Appeal) and ITA No.411/Ind/2013 (Revenue's Appeal). It has been brought to notice of this Court that Government of India has issued Circular i.e. Circular No.3/2018 dated 11th July, 2018. In paragraph No.3 of aforesaid Circular it has held that appeals shall not be filed before High Court, where tax effect does not exceed monetary limits of Rs.50,00,000/- and therefore, in light of Circular No.3/2018 dated 11 th July, 2018, present appeal along with other connected appeals stand dismissed. Certified copy as per rules. (S. C. SHARMA) (VIRENDER SINGH) JUDGE JUDGE Tej Digitally signed by Tej Prakash Vyas Date: 2019.02.20 17:05:17 +05'30' Principal Commissioner of Income-tax v. Bhomiyaji Land & Finance Co

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