The Prin. Commissioner of Income-tax-6 v. Vishal Madhusudan Choksi
[Citation -2019-LL-0909-120]

Citation 2019-LL-0909-120
Appellant Name The Prin. Commissioner of Income-tax-6
Respondent Name Vishal Madhusudan Choksi
Court HIGH COURT OF GUJARAT AT AHMEDABAD
Relevant Act Income-tax
Date of Order 09/09/2019
Judgment View Judgment
Keyword Tags low tax effect • monetary limit
Bot Summary: This Tax Appeal under Section 260A of the Income Tax Act, 1961 is at the instance of the Revenue. This Tax Appeal is not pressed by the learned counsel for the revenue in view of the low tax effect having regard to the Circular No.17/2019, dated 8th August, 2019 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. According to the new policy as reflected from the Circular referred to above, the table for monetary limits is as follows : Sr. Appeals/SLPs in Income-tax Monetary Limit No. matters 1 Before Appellate Tribunal 0,50,00,000 2 Before High Court 1,00,00,000 3 Before Supreme Court 2,00,00,000 4.00. In view of the aforesaid, this Tax Appeal is disposed of as not pressed.


C/TAXAP/617/2019 ORDER IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 617 of 2019 PRIN. COMMISSIONER OF INCOME TAX-6 Versus VISHAL MADHUSUDAN CHOKSI Appearance: MRS MAUNA M BHATT(174) for Appellant(s) No. 1 CORAM:HONOURABLE MR.JUSTICE J.B.PARDIWALA and HONOURABLE MR.JUSTICE A.C. RAO Date : 09/09/2019 ORAL ORDER (PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) 1.00. This Tax Appeal under Section 260A of Income Tax Act, 1961 (for short Act, 1961 ) is at instance of Revenue. 2.00. This Tax Appeal is not pressed by learned counsel for revenue in view of low tax effect having regard to Circular No.17/2019, dated 8th August, 2019 issued by Government of India, Ministry of Finance, Department of Revenue, Central Board Direct Taxes, New Delhi. Page 1 of 2 Downloaded on : Sat Oct 26 10:41:14 IST 2019 C/TAXAP/617/2019 ORDER 3.00. According to new policy as reflected from Circular referred to above, table for monetary limits is as follows : Sr. Appeals/SLPs in Income-tax Monetary Limit No. matters (in Rs.) 1 Before Appellate Tribunal 0,50,00,000 2 Before High Court 1,00,00,000 3 Before Supreme Court 2,00,00,000 4.00. In view of aforesaid, this Tax Appeal is disposed of as not pressed. Sd/- (J. B. PARDIWALA, J) Sd/- (A. C. RAO, J) RAFIK.. Page 2 of 2 Downloaded on : Sat Oct 26 10:41:14 IST 2019 Prin. Commissioner of Income-tax-6 v. Vishal Madhusudan Choksi
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