The Prin. Commissioner of Income-tax-6 v. Maruti Metal Industries
[Citation -2019-LL-0909-130]

Citation 2019-LL-0909-130
Appellant Name The Prin. Commissioner of Income-tax-6
Respondent Name Maruti Metal Industries
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 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. In view of the aforesaid, this tax appeal is disposed of accordingly.


C/TAXAP/637/2019 ORDER IN HIGH COURT OF GUJARAT AT AHMEDABAD R/TAX APPEAL NO. 637 of 2019 PRIN. COMMISSIONER OF INCOME TAX-6 Versus M/S MARUTI METAL INDUSTRIES Appearance: MRS MAUNA M BHATT(174) for Appellant(s) No. 1 for Opponent(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. This tax appeal under Section 260A of Income Tax Act, 1961 (for short Act, 1961 ) is at instance of Revenue. 2. This tax appeal is not pressed 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. 3. According to new policy as reflected from Page 1 of 2 Downloaded on : Sat Oct 26 10:38:07 IST 2019 C/TAXAP/637/2019 ORDER Circular referred to above, table for monetary limits is as follows : Sr. No. Appeals/SLPs in Income-tax matters Monetary Limit (Rs.) 1 Before Appellate Tribunal 50,00,000 2 Before High Court 1,00,00,000 3 Before Supreme Court 2,00,00,000 4. In view of aforesaid, this tax appeal is disposed of accordingly. (J. B. PARDIWALA, J) (A. C. RAO, J) Dolly Page 2 of 2 Downloaded on : Sat Oct 26 10:38:07 IST 2019 Prin. Commissioner of Income-tax-6 v. Maruti Metal Industrie
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